Driverless cars developed by companies such as Google Inc. could transform the insurance industry if their accident-avoidance technology sparks a shift in risk transfer, according to one of the Bank of Englands first blog posts.
Automakers will have to focus on women if they hope to make driverless cars mainstream, according to a NerdWallet survey that shows men are far more likely to express interest in the new technology.
The biggest problem facing driverless technology isn't a car maker's ability to install the computer and sensors that will propel a car down an interstate at 70 mph. Both Honda and Google have already done that.
The biggest problem facing driverless technology isn't a car maker's ability to install the computer and sensors that will propel a car down an interstate at 70 mph. Both Honda and Google have already done that.
Dwelling on the future of driverless cars has become something of a cottage industry among technology and automotive gurus. Here's what they're worried about.
Googles driverless car looks amusing, with its sensory equipment strapped to the roof, but the property and casualty insurance industry shouldn't smile.