The data coming out from an independent study of Waymo autonomous vehicles is, frankly, amazing. Swiss Re, one of the largest global insurance firms based out of Zürich, reports that 25.3 million fully autonomous miles drive by Waymo vehicles resulted in a 92% reduction in car crash injuries. In plain English, Waymo self-driving tech is […]

The data coming out from an independent study of Waymo autonomous vehicles is, frankly, amazing. Swiss Re, one of the largest global insurance firms based out of Zürich, reports that 25.3 million fully autonomous miles drive by Waymo vehicles resulted in a 92% reduction in car crash injuries.

In plain English, Waymo self-driving tech is 12.5x safer than human drivers.

Let’s dig into what that means!

  • pc486English
    9·
    5 hours ago

    Even if it was a quarter million bucks, it would quickly pay itself off. Keeping a taxi car available and operating 24/7 is a big deal for operational costs. $25/hour on a $250k device is a recovered in just over a year. It’s all profit after that.