Mike Shedlock

In August of 2013 I wrote Message to 5.7 Million Truck Drivers "No Drivers Needed" Your Job is About to Vanish.

The key word in that sentence is "about". I did not mean immediately, but I did mean a lot sooner than truck drivers and the general public expect. Most protested. I received many emails saying this would not happen for decades.

Many truck drivers thought it would never happen. Most mentioned insurance issues. Yes, there are problems, but time has marched on even quicker than I thought.

TechCrunch reports California Will Start Granting Licenses For Driverless Cars In September.



Come September, the California Department of Motor Vehicles will begin granting licenses to select driverless cars and their human co-pilots, which will make it a bit less legally iffy as to whether or not they’re actually allowed to be on a public road.

The good news: The license will only cost $150 a pop, and that covers 10 vehicles and up to 20 test drivers.

The bad (but probably actually good) news: You probably can’t get one, so don’t go trying to make your own Googlecar just yet.

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.
TOWNHALL FINANCE DAILY

Get the best of Townhall Finance Daily delivered straight to your inbox

Follow Townhall Finance!