Robotaxis are taxis that do not require a driver. The city of Changsha in China introduced robotaxis a few months ago. Watch this video.
In the video, there still have a driver at the wheel. This is required under the road traffic regulation. But this regulation is likely to change.
If the robotaxis have been operating a few months (with a standby driver) and the accident rate is lower than normal vehicles, the regulators are likely to relax the requirement and allow the robotaxis to operate without the standby driver. This will soon happen.
The software for the robotaxis in Changsha is develop by Baidu. Its company is described as the Google of China. I have started to invest in the stock.
Does this mean that taxi drivers will lose their jobs? It may happen, but it will probably take at least one or two decades. It will take time for people to feel confident about using a robotaxi.
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