Well, that’s optimistic

New technology often comes with great promise. In the 1960s, technology demonstrated the potential for a "videophone." It's adoption never really happened, and it was only after the advent of the very different technology of the smartphone, with its dual cameras and apps like Facetime, that made such an application a reality.

Adoption Of The Self-Driving Car

The autonomous vehicle or self-driving car is likely to be adopted at a much faster rate, although how fast that adoption will occur is still unclear. It will depend to some degree on whether it will follow the pattern of the last century, with individuals purchasing personal vehicles or if entities such as Uber will become the preferred means of transportation and will own massive fleets of these vehicles.

Car Insurance Industry Suffers Because of Self-Driving Vehicles

The insurance industry has a very large dog in this fight, as all drivers are required to carry insurance on their vehicles. Given that the vast majority of motor vehicle crashes are caused by negligence and driver error, the wide-scale adoption of these autonomous vehicles should lead to a tremendous reduction in collisions, property damage and personal injury.

A recent projection is that insurance costs will drop by 20 percent in the next 20 years and 40 percent by 2050.

The researchers suggest that based on the rate that other technology has been adopted, it is possible that this may be a conservative estimate.

Should the self-driving systems prove to be very reliable and become the primary way most people get around, leading to their abandoning of their own vehicles and companies like Uber owning vast fleets, this adoption could occur rapidly. On the other hand, if it suffers from glitches and bugs and simply fails to work most of the time, few individuals may adopt this and companies like Uber may have difficulty being economically viable using this technology.

Car Accident Attorney in Rockville

We can all hope that it is successful, as it may be the only practical means of reducing the incredible human cost paid every year for the convenience of Americans driving their own vehicles.