When self-driving cars become standard, they’re sure to make select companies a ton of money. But one industry that may suffer is insurance, reports Bloomberg. Insurance broker Aon says that by 2050, when self-driving cars are expected to rule the road, the use of the driverless vehicles could cause auto insurance premiums to drop by as much as 40% because they will be much safer and have fewer accidents than today’s human-piloted vehicles.MG
collectionsInnovation FestivalCurrent Issue
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system.
The major tech ecosystems that battle for our attention and dollars.
What’s next for hardware, software, and services.
The brave new world of automation, from AI to drones.
How our urban centers are building toward the future.
Most Creative People
See members of our Most Creative People in Business community: leaders who are shaping the future of business in creative ways.
An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens.