The Ripple Effect -If we could attract trillion of dollars to a new industry that funds a national mobility system equal to the Interstate Highways Size of 50,000-miles, then here are some ripple effects: The next $1 Trillion comes from adding metro circulators in the cities that collect and distribute for the backbones. It can be paid for with new Driverless America Bonds by offering a portion of the surplus. Each dollar invested in a Driverless America Bonds is expected to generate 5 or more times in development projects around small stations in the cities. Transportation investment has historically generated this kind of multiplier investment in adjacent real estate property. A Driverless America would cause a $15 trillion construction boom developing 10,000 pedestrian villages at station some stops and creating an array of public benefits over the next few decades. If the urban one third of the Driverless America has two stations per mile (30,000 stations), many thousands of pedestrian villages could result. If each one averaged 1000 condominiums and a supporting mix of commercial services, then 30 to 50 million people could live work, play and shop without the need for owning a car. These pedestrian villages could support much of the migrating populations from the Climate Change. In suburban areas, they could use buses, taxis, trolleys and car rentals to go off-line into final destinations. Such systems will also attract a sizable commuter ridership and more revenues from outside people working and visiting in these villages. A Driverless America can link activity centers such as hospitals, malls, resorts, campuses, airports, trains, cruise terminals and office parks. Its pedestrian villages can require clean energy usage. The new labor and property tax bases generated will add hundreds of billions of dollars per year to both federal and state coffers from the trillions of dollars in additional investments for real estate at the stations. Then there is spending $500 billion or more on a 100,000-mile fiber optics enterprise. This will include new applications and jobs for telecom, such as augmented reality, virtual reality, holograms and G-5.
Ripple Effects in Job Creation At the turn of the century when automobiles started, there were over 500 companies competing for their idea of what a car should be. The same thing is expected again, but this time the stakes are higher. This infrastructure can set the conditions for thousands of companies to grow new profits by incorporating new innovative automation, information and robotic technologies in tomorrow's economy of innovation. In every state, various industries will be required to organize, fund, build and operate a variety of Driverless transport routes and technologies. Below is a list of the main industries that would be stimulated by millions of jobs to build a Driverless America network:
Most displaced workers such as truck drivers will still have jobs for decades while the systems are constructed. Even afterwards there will still be routes for them to collect and distribute traffic to the Driverless backbone. Cities will still need to operate their transit systems, but they will be more oriented to the driverless backbones. Fossil fuel companies will grow smaller and those jobs will be replaced with newer technologies.
Ripple Effect in Combating Climate Changes In the easement space next to the guideways, there could be millions of sites to locate such devices if the Oasis Machines water and power sources are available. Each site is a 75 foot location to place carbon capture machines. With water, electricity and cool air provided to each section, carbon capture should thrive. You can see the number of jobs created to clean the air through Carbon Capture devices like these and even opportunities for Big Oil to suck it up too. Because of all the combined revenues, the surpluses could afford to fund Carbon Dioxide Removal machines from the air in the 75’ spaces between the columns. Overtime millions of these could be deployed to suck it up like no other solutions. Several large Oil Companies are talking about getting into the business of Carbon Capture.
How does a $ Multi Trillion Driverless Market Compare? Systems will cost, on average, about $15 to 20 million per mile, funding about 50,000 miles over 20 years – is about the size of the interstate highway system. If it earns more than other public investments, there is plenty of private money to fuel a trillion-dollar Driverless Industry. For example, the Internet showed how quickly a trillion in capital formation can occur for national infrastructure. The Internet attracted over $2 trillion in capital in less than ten years. The Iraq and Afghanistan wars are said to have cost over $5 Trillion. The war on terror in America is said to costs $6.4 Trillion. What do we have to show for these massive investments? At least a $3 Trillion Driverless America would not only have infrastructure to show for 50 years or longer, but it would also have huge profits and a ripple effect on top of that. Today there is over $2.5 trillion in money markets saving accounts earning less than 3% and waiting for better investment climate. Over the next ten years, America's GNP is expected to exceed $200 trillion cumulatively and yet is dependent on an aging and overloaded transportation network. We are proposing a Driverless America Infrastructure capable of attracting capital for any route that can offer a 10% long term return. Transportation, being America's fourth largest industry and accounting for 11% of the Gross National Product over $22 trillion, is primed for automation and possesses conditions that are ripe for explosive growth.
Back to Home