Which 10 companies are leading the race in developing autonomous vehicles and how does this impact the global economy?

1. Waymo: Waymo is a subsidiary of Alphabet Inc. (Google’s parent company) and is considered the leader in autonomous vehicle development. They have been testing their vehicles on public roads since 2009 and have the most extensive testing and development program in the industry.

2. Tesla: Tesla is known for producing high-end electric vehicles but has also invested heavily in autonomous driving technology. Their Autopilot system is currently being used on their vehicles on public roads.

3. General Motors: General Motors acquired Cruise Automation in 2016 to develop their autonomous vehicle technology. They plan to release a self-driving car ride-hailing service in 2019.

4. Ford: Ford has invested over $1 billion in Argo AI, an autonomous vehicle startup, to develop their self-driving technology. They plan to begin testing their vehicles on public roads in 2021.

5. Aptiv: Aptiv (formerly Delphi Automotive) specializes in advanced safety and vehicle connectivity technology. They have partnered with Lyft to provide a self-driving ride-hailing service in Las Vegas.

6. Uber: Uber has invested heavily in autonomous vehicle technology to reduce their reliance on human drivers for their ride-hailing service. However, they faced significant setbacks in 2018 after a fatal accident involving one of their autonomous vehicles.

7. Baidu: Baidu is a Chinese search engine company that has been investing heavily in autonomous vehicle development. They plan to release their self-driving technology for public use in China by 2020.

8. Intel: Intel acquired Mobileye, an Israeli technology company that specializes in computer vision and machine learning, to develop their autonomous vehicle technology.

9. Daimler: Daimler, the parent company for Mercedes-Benz, has been developing autonomous technology for their vehicles. They plan to release a self-driving taxi service in the early 2020s.

10. Volkswagen: Volkswagen has announced plans to develop and produce autonomous vehicles by 2021 through a partnership with Aurora Innovation.

The impact of autonomous vehicle development on the global economy is significant. The industry is expected to grow rapidly and create new market opportunities for manufacturers, suppliers, and service providers. It is estimated that by 2030, the autonomous vehicle market could generate $7 trillion in annual revenue. Additionally, autonomous vehicles could change the way people travel, work, and live, potentially reducing costs and improving productivity. However, there are also concerns about the potential job loss in certain industries such as transportation, and the need for regulation and infrastructure development to accommodate this new technology.