419: Arity President Gary Hallgren highlights the three main issues in the transportation industry. Most importantly, driving is extremely inefficient as the average car is used for four percent of the day. Further, 40,000 people die on the roads each year, and driving is extremely expensive, both in time and money. To make a difference in these areas, Arity is working with shared mobility companies, insurance companies, and automobile companies to solve these issues. We also discuss why Gary believes fully autonomous vehicles are further away than many think, how the company mixes the stability, strength, and resources of a Fortune 80 company with the entrepreneurial spirit of a startup, how Arity attracts talent, among other topics.
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