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Former mayor Michael Bloomberg plans to get cities ready for driverless cars

Former New York mayor Michael Bloomberg plans to develop policy recommendations for cities to get them ready for the coming of self-driving cars. His philantrophic arm Bloomberg Philantrophies and the Aspen Institute will reach out to mayors, academics and experts to talk and plan about the future of autonomous vehicles. As a start, five cities will serve as testing grounds, including Austin, Los Angeles, Nashville, Buenos Aires and Paris, with five more cities to be announced by the end of the year. According to The Washington Post, key issues cities need to look at are road maintenance, workers' training, institution design and land use planning. It is also an opportunity for cities to address pedestrian safety, carbon reduction and economic mobility, said James Anderson of Bloomberg Philanthropies.

Key Takeaway: 

Former mayor and philantrophist Michael Bloomberg plans to have a discussion with mayors, the academe and experts to talk about policy recommendations cities can adopt as more driverless cars are expected on roads in the near future.

Market Disruptions: 
Brian Fung
Publication Date: 
October 24, 2016