Automation will also help safer transit-3 vehicle operation, potentially resulting in high cost savings because to reduced self-insured losses. In addition, partial automation in bus vehicles may lead to highly reduced headways and thus increased people-moving capacities in environments where capacity is a constraining factor. Impacts and independent future speculations This part consists an analysis of the possible effects of the implementation of autonomous vehicles on the society. Modern transportation has a very significant role in the world. Transportation is a very fast growing sector, which is greatly associated with new technologies. In this time, the technology is evolving so fast that it is hard for people to get used to it. Making educated speculations concerning the future developments and determining their possible findings helps people understand and prepare for these variations. This is why it is significant to determine possible results of the implementation of autonomous vehicle technologies. This part will elaborate on the socio-economic effects of autonomous vehicles. Safety Safety matters have the most critical impact on daily life of all the transportation problems. Accidents from the traffic sector have colossal negative impacts on economy. For instance, in the European Union, there are over 40,000 accidents with about 1.3 million accidents annually. Every life lost through traffic accident results to a very high financial cost to the community as well as its appalling social impacts on people. Community’s intelligence, work-force together with social values is lost with the people dying in traffic accidents. Injuries too have huge financial effects, because treatment expenses are very high and the injured individuals are unable to work for a given of time. The most efficient solution to these accidents is the implementation of much better intelligent vehicle safety systems which will gradually evolve into fully autonomous vehicles. In the long run the implementation of autonomous vehicles seems to be a very profitable investment. An economical analysis carried out on a recent European project called “eCall” depicts how intelligent systems can save the economy. The eCall project aims at implementing a special emergency system on every car Impacts on traffic, economy and society Introduction of a fully autonomous vehicle in the transport system, traffic flow would immediately change. Traffic is presently a nuisance to drivers almost all over the world. The average person in the United States waited for 26 hours in traffic during the whole year in 2001. This is a very great amount of total time spent doing nothing but waiting by a myriad of individuals. During the early stages of implementation to the highway system there would be a combination of both autonomously driven vehicles and human controlled vehicles. This could result to confusion and problems pertaining the reaction of motorists to the driverless vehicles and how efficient the autonomous vehicles can integrate into flow of traffic. The autonomous vehicles would be following all directions of the traffic while human drivers have the choice to go against the law. As period goes on and the autonomous car becomes a more familiar vehicle on the road, traffic
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