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RE: LeoThread 2025-10-20 18-08

in LeoFinance4 days ago

Part 4/12:

While accidents like a Tesla hitting a cyclist make headlines, they are considered outliers amid overall safety improvements. The key point is that autonomous systems, despite occasional failures, are making progress. As long as companies maintain transparency and cooperate with regulators, they can continue gathering valuable data to enhance safety.

Reducing accidents not only saves lives but also theoretically lowers insurance costs, making the business proposition more attractive. Critics acknowledge accidents will still occur, but the reduction in overall incident rates could revolutionize how insurance is priced for AVs.

The Economics of Developing Autonomous Vehicles