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I bet insurance companies will love the idea of self-driving cars - because there will be practically no avoidable accidents but drivers will likely accept at l
by lazyjones 13y ago
I bet insurance companies will love the idea of self-driving cars - because there will be practically no avoidable accidents but drivers will likely accept at least normal insurance fees because they can't argue away the uncertainty associated with such new technology.
- ivankirigin 13y agoAlso consider this: the cameras of the system will be recording everything.
- patrickk 13y agoShort term perhaps, but longer term a huge reduction/elimination of human-caused accidents is really bad news for car insurance. Here's a quote from Warren Buffett (big investor in Geico): "If you end up with no accidents, we will end up with no insurance company" http://www.reddit.com/r/SelfDrivingCars/comments/1vj99m/warren_buffett_on_how_googles_self_driving_cars/ http://www.reddit.com/r/SelfDrivingCars/comments/1vj99m/warr... (unfortunately the video has been removed)