Policy makers: will adopt a supportive approach to regulation driven by the economic gains ($1tn in consumer disposable income, $1tn in increased GDP from time freed from driving), lower infrastructure spending (from reduction in vehicle numbers as one vehicle does the work of 10+), and a land bonanza as valuable urban land freed from roads and parking requirements becomes available. Health benefits from cleaner air and less accidents and environmental gains from vastly lower GHG emissions will spur this supportive environment. Those countries and regions that lead will benefit from the gains in jobs, revenues and influence that come with technology leadership driving a competitive regulatory framework in which regions compete to lead the disruption. Incumbent push back from oil companies or other losers will be offset by support from the vastly richer Silicon Valley. Some countries might resist but developments elsewhere will mean they are forced to play catch up.

Sarah Golden