The Future of Transportation

how autonomous vehicles change our economy and society

When will we see driverless and flying cars?

Additional information: Google’s Waymo seeks outside investment and a sky-high valuation, How Self-Driving Cars Will Change The Economy And Society, 6 surprising ways driverless cars will change our world, Automotive revolution – perspective towards 2030, Too Big To Fail: Projected Flying Cars Market Is So Big That A Few Of The 135 Makers Will Succeed, Waymo disengagement rate drops by half in California for 2018 while self-driving 3x more miles, Softbank invests $1b in robo-delivery startup Nuro, Autonomous Driving Startup Aurora Raises $530 Million In New Funding From Amazon, Sequoia, When will we have flying cars? Maybe sooner than you think.

McKinsey projects that, in the future, the technology will free up huge amounts of parking space, reduce auto accidents, and give people more time to consume TV shows, movies, and digital media. Autonomous vehicles will also change how we insure ourselves and decimate jobs in the logistics industry.

In the first phase of change, up to 2023, McKinsey expects to see autonomous vehicles (AVs) in controlled environments (like mines) and in some commercial transport.

In the next phase, up to about 2037, we’ll start to see AVs fully adopted. That will have consequences for the insurance industry. “Insurers might be required to shift their main goal from covering private customers from risk tied to ‘human error’ to covering [manufacturers] and mobility providers against ‘technical failure'”.

We will discuss what the implications are for the transportation industry and the surprising ways driverless cars (and planes) will change the economy and society.


Prof. Dr. Joachim Frick

Prof. Dr. Joachim Frick is a partner at Baker & McKenzie and admitted to the bars of Switzerland and New York.

He graduated from the University of Zurich (lic. iur, Dr. iur.) and Yale Law School (LL.M., J.S.D).

After practicing with Baker & McKenzie in Taipei and Chicago, he in 1997 returned to Baker & McKenzie in Zurich and became a partner in 2001.

Joachim specializes in commercial litigation and arbitration and has acted as party counsel in various Swiss and international arbitration proceedings under Swiss, ICC, ad hoc and other arbitration rules.

He regularly represents clients in liability disputes and advises in litigeous and non-litigeous insurance/reinsurance matters.

He heads the Swiss insurance practice of Baker & McKenzie and is a member of the Steering Committee of the European Financial Services Practice of Baker & McKenzie.

He was named leading attorney in insurance and reinsurance matters by specialized publications.

In addition to being a practicing lawyer, he regularly teaches as professor of law (Titularprofessor) at the University of Zurich and is a lecturer in a number of graduate programs.

Timothy Papandreou

Timothy is the founder and CEO of Emerging Transport Advisors providing strategic guidance to companies, investors, startups and governments on the active, shared, electric, connected and automated transport transition.

As the former strategic partnerships manager at Google X and Waymo, he collaborated with teams to prepare the commercialization of the company and set up first-in-kind partnerships to launch the world's first fully self-driving ride hail service in Phoenix, while being fully immersed in automation technology and its implications for the broader society.

He co-founded City Innovate, a smart city platform matching governments, companies, and startups to accelerate innovation through the STIR (startup in residence) program.

As Chief Innovation Officer for San Francisco’s transportation agency, Timothy lead cross-functional teams to deliver high profile initiatives including; the US Smart City Challenge pioneering the Shared, Electric, Connected and Automated vision raising over $200m in technology sector support; the Strategic Work Plan which met its 50% sustainable mode share goal 3 years early; launched major multimodal, shared mobility and mixed-use redevelopment public/private partnership projects; and the Mayor’s Vision Zero traffic safety program.

His unique insights and thought leadership draw from his varied experience and strong track record to join the dots, lead teams, build partnerships and deliver innovation.

Dr. Luuk van Dijk

Luuk is the founder of Daedalean, where he leads a team in the development of autonomous flight software for the electric personal VTOL aircraft of the near future.

He advised a number of international tech start-ups and previously held Senior Software Engineering positions at Google Zürich and SpaceX, where he worked on infrastructure, flight software, and machine learning projects, among others. He holds a PhD in theoretical Physics and has had no formal training in the use or programming of computers.

Ben Wunderman

Benjamin Wunderman currently works in Strategy/M&A at Cruise Automation.

He was formerly an MS student in integrated marketing communications at Northwestern University.

He was also the Competitive Intelligence Manager at Postmates.

Previously, Benjamin earned a BA in political science and philosophy from the University of Melbourne.

His research interests include Austrian economics, public policy, regulatory analysis, state and local policy, technology policy, marketing and advertising, and disruption theory.

He was a Mercatus Center Frederic Bastiat fellow.

Dr. Louay Eldada

Louay Eldada is CEO and co-founder of Quanergy Systems, Inc. Dr. Eldada is a serial entrepreneur, having founded and sold three businesses to Fortune 100 companies.

Quanergy is his fourth start-up. Dr. Eldada is a technical business leader with a proven track record at both small and large companies and with 70 patents, is a recognized expert in quantum optics, nanotechnology, photonic integrated circuits, advanced optoelectronics, sensors and robotics. Prior to Quanergy, he was CSO of SunEdison, after serving as CTO of HelioVolt, which was acquired by SK Energy.

Dr. Eldada was earlier CTO of DuPont Photonic Technologies, formed by the acquisition of Telephotonics where he was founding CTO. His first job was at Honeywell, where he started the Telecom Photonics business and sold it to Corning.

He studied business administration at Harvard, MIT and Stanford, and holds a Ph.D. in optical engineering from Columbia University.

Reto Marta

Reto Marta is Head of Motor Innovation & Transformation at Zurich Insurance.

Reto has more than 22 years of experience as manager and executive on international roles within the automotive, insurance and business intelligence industry working for companies like Swiss Re and BMW.

He has worked on insurance and transportation related topics with focus on mobility, connected cars, autonomous driving and telematics for more than 10 years. At CES 2017, he was responsible for the insurance proposition showcase from Swiss Re for highly automated driving in close cooperation with Microsoft, NXP, Esri and other partners.

With his strong track record, Reto brings a holistic view of the transportation industry and the value chain of car manufacturers. He understands how to develop innovative concepts around the topic of future of transportation.

Reto holds a diploma from the KV Business School Zurich.