The data coming out from an independent study of Waymo autonomous vehicles is, frankly, amazing. Swiss Re, one of the largest global insurance firms based out of Zürich, reports that 25.3 million fully autonomous miles drive by Waymo vehicles resulted in a 92% reduction in car crash injuries.
In plain English, Waymo self-driving tech is 12.5x safer than human drivers.
Let’s dig into what that means!
In the end, insurers will be the harbingers of autonomous vehicles.
In 2050, the insurance will be twice as high if you insist on having a steering wheel, and it will have a major impact on buying decisions.
Never trust an automated vehicle you have to buy insurance for. If it’s truly autonomous, then the actual person in the driver seat is irrelevant. There is no need to price risk individually. Any true self driving car should have a lifetime insurance policy included in the purchase price. The manufacturer is the one determining if crashes will occur. The liability should be entirely on them. Any company selling you a “self driving” card that still requires you to buy insurance is selling snake oil.
This comment section is surprising me with both thoughtful and dark observations about the article. Well, that’s rad! I was expecting a more “good news” crowd on the Uplifting News board, but if y’all want Dark Futurism, I can hang.
You’re 100% correct. Non ADAS vehicles will be a luxury good. There will probably be social pressures, similar to seatbelt adoption, pressuring folks to not drive themselves. 2050 feels like a reasonable time horizon for that to start.