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Historically competition has been one of the best ways to foster innovation, and as a society achieving a good "ability to detect bikers" is probably something
by ajnin 9y ago
Historically competition has been one of the best ways to foster innovation, and as a society achieving a good "ability to detect bikers" is probably something we want in an automatic car.
However, it is relatively wasteful since many resources need to be allocated to do the same thing several times. Alternatives could be : 1) deals between companies to not innovate in those specific areas, 2) a workgroup formed by companies working together on that subject 3) a government program to research that specific area.
- gutnor 9y agoThis is actually a field where competition is working as it should: cars are reviewed based on their safety rating which are common in the industry, car insurance is also based on that. The law is also very strong, there are strict road and driving regulation, so there is little chance for externality like "oh yeah, sometimes cyclist die around our car", ... Really looks like the ideal environment to let the private sector figure it out by itself, no need for more government.
- ashark 9y ago> 2) a workgroup formed by companies working together on that subject 3) a government program to research that specific area. Part of Japan's postwar economic miracle involved doing both of these things at once: "hey three giant Japanese companies making products using [some technology], here's a pile of money, if you each also contribute a pile of money, we'll run some R&D on [some technology] to make it better, more efficiently than if the four of us spent the same money separately, and you can all three use it to compete with foreign companies"