THE AI IN TRANSPORTATION REPORT: How automakers can use artificial intelligence to cut costs, open new revenue streams, and adapt to the digital age (TM, LYFT)

This is a preview of a research report from Business Insider Intelligence. To learn more about Business Insider Intelligence, click here. Current subscribers can log in and read the report here.

New technology is disrupting legacy automakers' business models and dampening consumer demand for purchasing vehicles. Tech-mediated models of transportation — like ride-hailing, for instance — are presenting would-be car owners with alternatives to purchasing vehicles.Business Insider Intelligence

In fact, a study by ride-hailing giant Lyft found that in 2017, almost 250,000 of its passengers sold their own vehicle or abandoned the idea of replacing their current car due to the availability of ride-hailing services.

See the rest of the story at Business Insider

See Also:

• I've adopted a '2-hour rule' based on the habit that led Einstein, Darwin, and Nietzsche to brilliance — and it's had the highest ROI of anything I've done
• Cruise-ship workers reveal the grueling schedules they must keep while on the job
• A top psychologist says there's only one way to become the best in your field. Not everyone agrees.

from Feedburner https://ift.tt/2JHWYRe
via IFTTT