Tesla's autonomous vehicles promise a new era of transport

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The podcast also discussed the future of car ownership with autonomous vehicles. Cars now sit unused for most of their lifespan. Autonomous vehicles could change that, making transport cheaper. The idea is to think of it as individualized mass transit. The cost of a cyber cab could be around 20 cents a mile. This is much cheaper than traditional transport, like buses, which cost about a dollar per mile.

Autonomous cars offer more than just a ride. Imagine taking a meeting in your car while it drives you. You could work on your laptop, watch a movie, or even take a nap. It's like having a personal living room on wheels. The cost could be 30 to 40 cents a mile with all fees included. The vision here is that people, not companies, own these vehicles. They could be priced at $20,000 to $30,000, similar to a new car today.

This affordable price means you could even make money with your car. While it's not in use, it could serve others. This could change how we think about owning and using cars. Autonomous vehicles bring a new way to maximize the value of car ownership. It’s an exciting time for both tech and transport industries.