Tom's blog

Drink more, drive less?

A financial report released by Morgan Stanley, as recently reported in the Washington Post, forecasts that liquor producers and bars will experience greater profits as the use of self-driving cars grows.

The investment first suggests that imbibers will drink more if they don't actually have to drive home their cars. How weird is that?

Morgan Stanley says that if each person n the market consumed one more drink per month, the market could expand by $31 billion. Two drinks takes it to $250 billion. 

It's scary to think that more people will be risking their health just because they don't have to drive home after a bender at a downtown bar. I guess the health industry will profit too.