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It’s a bird! It’s a plane! It’s… your latest Amazon order?
If Silicon Valley
insiders have their way, that could be the case a mere two decades from now when flying cars could not only be a reality but a multi-trillion dollar industry. (And you thought self-driving cars were the future of transportation.)
Turns out that while you’re reading an iPad as your Tesla drives you to the local Barneys, the real news will actually be flying around over your head. According to Morgan Stanley, flying cars could be the future of big business. Per Bloomberg
, there are multiple companies racing to get autonomous vehicles off the roads and into the air. But these flying cars won’t be moving people—at least not at first. Instead, imagine the traffic-free air above cities as the new frontier for your next delivery. Big companies that need to move lots of product at a quick clip have begun beta-testing drones, and they envision fleets of self-driving VTOLs carrying all sizes of freight without having to navigate pesky, Stone Age roads.
Google’s Larry Page, ride-sharing app Uber, and Boeing are just some of the companies that are starting to invest money and brainpower into the technology. In their dream scenario, big rigs would be replaced with nimble, flying couriers, delivering in bulk all of our Switches and Quips like robot fairies. Think Bladerunner for Amazon Prime subscribers.
Analysts say that if the most fantastical estimates were to come to fruition, we could be staring down the barrel at a whopping $2.9 trillion global industry by 2040. Conservative estimates, however, say it could be somewhere in the paltry $615 billion range.
Meanwhile, this week, Silicon Valley enfant terrible Elon Musk is set to unveil the first part of his underground tunnel service, The Boring System, in Southern California. It seems that the world’s most intractable innovators can agree on one thing: traffic on the 405 blows.