A Changing Vision for Driverless Vehicles (Insurance Thought Leadership)

A Changing Vision for Driverless Vehicles

Tuesday, July 27th, 2021 Auto

As plans for fully autonomous vehicles continue to get pushed back, the near future is beginning to look like it will revolve around a different acronym: more ADAS, less AV.

Autonomous vehicles, or AVs, will provide many of the technology breakthroughs that allow for advances in ADAS, or advanced driver-assistance systems, which will use a host of new sensors and AI to reduce accidents.

But the vision of driverless robotaxis carrying us everywhere and making deliveries looks like it will have to wait a bit, except in carefully circumscribed areas — and maybe even there for a while yet.

The shift to ADAS from full AVs should soften the near-term effects on auto insurers, which have feared a loss of business in a world where individuals aren’t responsible for driving.

At the same time, the shift may increase the cost of repairing expensive electronics when accidents occur.


External References & Further Reading
https://www.insurancethoughtleadership.com/a-changing-vision-for-driverless-vehicles/
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