Despite safety and other concerns about self-driving cars, "there are so many long-term benefits, including environmental, safety, health, family life-balance, geopolitical and overall economic benefits," he says. "Self-driving cars will also be materially beneficial to lowering inflation, as we'll spend less money on gas, repairs and real estate." Haroun suggests software startups in the autonomous car market will gain traction in 2016, but the real impact will be felt "in the next few decades."
10. Space exploration
The race between Elon Musk's SpaceX and Jeff Bezos's Blue Origin will result in the creation of smaller companies that build technologies to complement and support the two space exploration startups, according to Hogeg of Singulariteam, which invests in Effective Space Solutions, another rival space startup. Though trendsetters such as Musk and Bezos are energizing interest in the "commercial space age," some VCs will be wary of funding such startups because "the horizon for income is so far off," Hogeg says.
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