Andrew Yang: Give truckers severance packages when driverless vehicles take over

The 2020 Democratic candidate's plan to give Americans a universal basic income seems to include a special provision for truckers.

  • Andrew Yang is a 2020 Democratic presidential candidate who's made technology and automation central to his campaign.
  • Yang says the U.S. needs a plan for how to manage the upcoming loss of millions of American trucking jobs to self-driving vehicles.
  • Yang wants to tax profits from self-driving trucks to give these laid-off truckers a "severance package."
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Report: Electric cars will soon be cheaper to fuel

The writing is on the wall for the oil industry, according to a new report from BNP Paribas.

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  • The report claims that oil companies will need to produce oil at significantly lower prices if they want to stay competitive with renewables.
  • Continuing to invest in oil production represents a multi-trillion-dollar opportunity cost to global society, the report states.
  • As renewable energies are becoming cheaper, so are electric cars, thanks mainly to cheaper and more efficient batteries.
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In a world of autonomous vehicles, this is why we'll need more public transport than ever

Combined with high-capacity public transport, AVs could remove 9 out of every 10 cars in a mid-sized European city.

The media is fascinated by autonomous vehicles (AVs), in particular their safety and when or if they will arrive en masse.

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Tesla driver seen asleep at the wheel. Is self-driving tech ready for sleeping drivers?

A passenger on a California freeway shot a video of a Tesla driver dozing off at the wheel.

  • The video shows a man sleeping at the wheel of his Tesla. Another driver said that the driver traveled more than 30 miles asleep at the wheel.
  • It's not the first time a Tesla driver has been spotted dozing off at the wheel.
  • In April, Tesla CEO Elon Musk said its cars would achieve full autonomy by the end of 2019, though it's unclear whether that's a realistic timeline.
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Elon Musk reveals Tesla has designs for a submarine car

The Tesla Motors CEO has plans for a James Bond-like car that drives on and under water.

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  • Elon Musk said at a shareholder meeting that Tesla has designed a car that drives under water.
  • The design was inspired by a James Bond movie.
  • There are no immediate plans for the car's production.

You knew that sooner or later, Elon Musk, the closest person we have to a James Bond villain or Tony Stark, would attempt to build some new, next-level gadgetry straight from the movies. Not one to disappoint when it comes to making outlandish ideas become reality, Musk revealed that Tesla Motors has designs for a submarine car.

Yes, this car will be able to drive on roads, but also on and under the water. At least that's what Tesla CEO Musk said at an annual shareholders meeting in California. When asked by a shareholder whether Tesla thought about building a submarine car, Musk answered in the affirmative. Not only that, his company actually has designs for just such a vehicle (electric, of course).

Musk was inspired by the 1977 James Bond film "The Spy Who Love Me," saying that he thought the car in that movie (inspired by Lotus Esprit) "was like the coolest thing." In fact, he loved it so much that he bought it for £616,000 (close to $800K).

When can you get such a fantastic vehicle? Not so fast, said Musk. He thinks it's technically feasible but the market for such a car isn't quite robust enough yet.

"I think the market for this would be small—small, but enthusiastic," Musk explained.

Who knows maybe the expression of our collective enthusiasm upon reading such articles will make this car a reality.

Check out the submarine car sequence from the “Spy Who Loved Me” here: