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With autonomous cars getting ever-closer to market readiness, we’re hearing from many different experts who tell us autonomous vehicles will make private car ownership obsolete, help reduce congestion on our roads, reduce pollution, and even make society more egalitarian.
At the heart of this vision is the notion that with self-driving cars, many people will choose to use autonomous tax cab services rather than use their own vehicles. But because of the way taxi cabs operate today, the shift to autonomous vehicles will likely change the price we pay for taxi services — as well as perhaps even alter the way we pay for them.
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