America’s Workforce and the Self-Driving Future: Realizing Productivity Gains and Spurring Economic Growth
Public interest in autonomous vehicles (AVs) has heightened in recent years. Society expects that AVs will bring extensive benefits, including decreased traffic accidents and roadway fatalities and enhanced mobility among vulnerable populations. Nonetheless, justified concerns exist that AVs may displace some current workers and aggravate wealth inequality. To investigate these worries, Securing American's Future Energy (SAFE) commissioned a panel of labor and transportation experts to objectively evaluate the risks, costs, and benefits of AVs. The panel's results showed that rapid deployment of AVs would indeed produce significant quantifiable benefits through accident reduction, decreased petroleum consumption, traffic congestion mitigation, and improved access to shopping and employment. In terms of consequences to labor, the assessment shows that there would be a marginal increase in unemployment of 0.06 to 0.13 percent at the time of peak impact, estimated to occur between 2045 and 2055. To best balance competing priorities, policymakers should adopt policies encouraging the rapid deployment of AVs while simultaneously training the workforce for the jobs of the future.
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- Summary URL:
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Corporate Authors:
Securing America’s Future Energy
1111 19th Street, NW #406
Washington, DC United States 20036 -
Authors:
- Montgomery, W David
- Mudge, Richard
- Groshen, Erica L
- Helper, Susan
- MacDuffie, John Paul
- Carson, Charles
- Publication Date: 2018-6
Language
- English
Media Info
- Media Type: Digital/other
- Features: Figures; Maps; Photos; References; Tables;
- Pagination: 52p
Subject/Index Terms
- TRT Terms: Autonomous vehicles; Benefit cost analysis; Economic and social factors; Environmental impacts; Equity; Intelligent vehicles; Mobility; Transportation planning; Transportation policy; Unemployment; Workforce
- Subject Areas: Economics; Highways; Planning and Forecasting; Society; Vehicles and Equipment;
Filing Info
- Accession Number: 01676620
- Record Type: Publication
- Files: TRIS
- Created Date: Jul 26 2018 2:42PM