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Total driving liability for a 17-yr old male with a speeding ticket or two (worst case driver) is still insurable for a few hundred dollars a month. There's no
by thereisnospork 6y ago
Total driving liability for a 17-yr old male with a speeding ticket or two (worst case driver) is still insurable for a few hundred dollars a month. There's no material economic difference whether the insurance companies are engaged by the automakers, car owners, or car 'driver/passengers'.
- SilasX 6y agoThe law certainly makes a distinction, and bigger-pocketed defendants, in practice, are forced to pay more per wrongful death than 17-year-old Johnny with just an auto liability policy. Not saying it's right, but that's how the law currently works.
- thereisnospork 6y agoEven if the liability does fall on the big players (imo it probably will) and autonomous cars are no safer than a 17 year old, at 10x that is only a few thousand a month in insurable liability - or much less than the cost of paying a cab driver a living wage + benefits. Never mind that autonomous driving, once technically 'solved', is going to be a socioeconomic freight train that will have the resources to lobby and favorably influence legislation and judicial judgements.
- SilasX 6y agoIt still doesn't work if the jury awards scale with the market cap of the SDC maker.