Self-Driving Trucks on the Road in Arizona
Posted on Mar 8, 2018 in Uncategorized | Comments Off on Self-Driving Trucks on the Road in Arizona
Uber recently revealed that it has been operating self-driving trucks to carry shipments for commercial customers in Arizona. The company has two transfer hubs on opposite sides of the state. According to the company, the self-driving trucks operate between transfer hubs: for example, a regular truck will deliver a shipment to a transfer hub, where an Uber self-driving truck (with a...
Study Finds Americans Still Wary of Autonomous Vehicles
Posted on Mar 2, 2018 in Industry News, Technology Impacting Auto Insurance | Comments Off on Study Finds Americans Still Wary of Autonomous Vehicles
In a recent Gallup poll, nearly 60% of the more than 3,000 survey participants said they would be uncomfortable riding in an autonomous vehicle. Survey participants were even more reluctant to share the road with driverless trucks, with nearly 70% stating that they would be uneasy. The responses varied by age, with those over 66 least likely to accept autonomous vehicles. Nearly 70% of...
Waymo and Uber Settle Trade Secret Lawsuit
Posted on Feb 9, 2018 in Uncategorized | Comments Off on Waymo and Uber Settle Trade Secret Lawsuit
On the fifth day of trial over alleged trade secret misappropriation, Waymo and Uber announced that they had reached a settlement, and the case was dismissed with prejudice. According to reports, as part of the settlement, Waymo obtained an equity stake in Uber, valued at approximately $245 million. The settlement encompasses both hardware and software trade secrets.
Driverless Vehicles and Real Estate
Posted on Feb 9, 2018 in Uncategorized | Comments Off on Driverless Vehicles and Real Estate
The advent of self-driving cars will certainly transform transportation and, in turn, the auto insurance market. But other industries are also likely to be affected by self-driving technology. A recent article contends that once driverless cars come into use, real estate may no longer be “all about location, location, location.” The ability to commute in autonomous vehicles may drive...
Senate Commerce Committee Holds Hearing on Auto Innovation
Posted on Jan 25, 2018 in Industry News, Technology Impacting Auto Insurance | Comments Off on Senate Commerce Committee Holds Hearing on Auto Innovation
This week, the Senate Committee on Commerce, Science and Transportation held a field hearing on “Driving Automotive Innovation and Federal Policies.” Chairman John Thune gave the opening statement, stating that automated vehicles and new business models, driven by technological advancements, are “poised to enable substantial growth.” Chairman Thune pointed to...
