Self-driving cars could wipe out 4 million jobs but a new report says the upsides will be easily worth it

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Autonomous vehicles could add 800 billion to the US economy, a new report says.

The report also says the negative effects are being overblown — only about 4 million jobs will be directly impacted.

The report is from a non-profit focused on reducing America's dependence on oil, called Securing America's Future Energy.

Many of the fears surrounding self-driving cars are widely overblown, a newly published report says.

Even though the new technology could radically re-shape plenty of jobs, autonomous vehicles will likely only raise the US unemployment rate by a tenth of a percent, according to the report out Tuesday from Securing America's Future Energy, a Washington D.C. non-profit focused on reducing American dependence on oil. See the rest of the story at Business InsiderNOW WATCH: This top economist has a radical plan to change the way Americans voteSee Also:Share your opinion Become a BI Insider todayA dentist shares 5 at-home teeth whitening products actually worth buyingWhen the founders of dating app Coffee Meets Bagel turned down Mark Cuban's 30 million offer on 'Shark Tank' 3 years ago, they got dozens of emails calling them 'crazy,' 'greedy,' and 'stupid' but they still aren't sorrySEE ALSO: America's biggest companies are sounding the alarm on a crisis plaguing the trucking industry