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Larry Page Finally Explains Why Google Is Working On Self-Driving Cars

•, Nicholas Carlson
 "We want to do things that will motivate the most amazing people in the world to want to work on them. You look at self-driving cars. You know a lot of people die, and there's a lot of wasted labor. The better transportation you have, the more choice in jobs. And that's social good. That's probably an economic good. I like it when we're picking problems like that: big things where technology can have a really big impact. And we're pretty sure we can do it. And whatever the technology investment we need to do that, it's not going to be that huge compared to the payoff."

Here says that self-driving cars will have lots of hidden economic benefits. For example, Page says it will save Google "hundreds of millions of dollars" on parking alone.

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