Are Driverless Cars a Good Idea

Evidently, driverless technology falls under the category of driverless technology. According to concepts from the Creative Destruction, industrial mutation is an inevitable process. Moreover, industrial change ceaselessly upsets the economic structure from within. As a result, the economic structure is never in a prolonged status quo, the old one is always under destruction from industrial mutation, and the new one always in the process of creation. Likewise, the self-driving technology is slowly revolutionizing the industry. Therefore, Axion’s shareholders are likely to see an increase in dividends and share value because of increased profits. The company’s employees are likely to be challenged by the switch to driverless technology in a significant percentage of the company’s output. The company can handle this by having a transition and training department to ensure that as far as human resource is concerned, workers adjust smoothly to the changes.