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Why are prices useful at all? Insurance rates are an imperfect measurement that has the advantage of being less subject to arbitrary narratives of some individ
by vba616 3y ago
Why are prices useful at all?
Insurance rates are an imperfect measurement that has the advantage of being less subject to arbitrary narratives of some individual or interest group.
They're also a way of quantifying the severity of the accident in a way that it's hard to deduce from a data set such as the government collects.
Experts may be able to figure out what the data means, but how can we know if the experts are correct without something independent?
- satvikpendem 3y agoI mean, sure, let's take insurance rates too. As I said, I assume due to autonomous vehicles that will trend towards 0, so what useful information does that tell you? That autonomous vehicles are safer, if that actually does happen. I don't understand the overall point you're making, are you saying AVs are not safer than humans? Because if so, I'm not sure why one would believe that.
- deleted 3y ago[deleted]