GM Wants to Bring an Uber-Like Self-Driving Car Service to Big Cities in 2019. Will It Work?
Senior Associate Frank Petrilli recently spoke with Fortune about General Motors’ plans to introduce an autonomous ride-sharing service to several big cities in 2019. The established automaker hopes to design driverless vehicles that can navigate more safely than humans, produce these vehicles at scale in dense urban centers, and integrate them with software that users can use to request rides on-demand for less than $1 per mile. Despite the apparent benefits of this plan, Frank notes that there may also be negative consequences of disrupting several current automotive markets such as auto insurance and the driver component of ride-sharing: “The whole economic system around privately-owned vehicles would be wiped out, and no one is really having those conversations yet.”
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