Article
Source: Westlaw Journal: Insurance Coverage
Article
07.18.18
We are speeding into a new era of automation in personal transportation. Major automakers are driving rapidly toward offering autonomous vehicles, often in collaboration with nontraditional market players such as Google and Apple.
Major suppliers also are developing technologies to offer into the marketplace through the automakers. And players like Uber and Lyft expect to develop or use these technologies to displace vehicles driven by people. The age of the Jetsons is upon us.
Already present, driverless technology is expected to become a major force in the marketplace by 2022, and it may predominate by 2030. The benefits will be substantial. According to the National Highway Traffic Safety Administration, 94 percent of serious crashes are due to human error. In 2015, there were more than 35,000 traffic fatalities in the United States.