Marc Andreessen explains how self-driving cars could create a bunch of American jobs

Self-driving cars and trucks will cost millions of American jobs, right?

 No, poses Marc Andreessen, the co-founder of venture capital firm Andreessen Horowitz and early web pioneer.

Speaking at the Code Conference at the Terrana Resort in California, Andreessen argued that self-driving cars will not only build productivity and save lives, but will drive many job-creating ancillary industries.

The idea of automation stealing jobs — “It’s a fallacy,” Andreessen said (specifically citing the lump of labor fallacy and the luddite fallacy). “It’s a recurring panic. This happens every 25 or 50 years, people get all amped up about ‘machines are going to take all the jobs’ and it never happens.”