Elon Musk promises that by the end of 2020 we will have vehicles that are truly self driving.

By |2019-02-21T08:23:57-08:00February 22nd, 2019|Categories: News|Tags: , , , , , , |5 Comments

Welcome to the future.

Courtesy of Wired:

The Tesla CEO said the electric car maker’s full self-driving feature will be completed by the end of 2019. And by the end of 2020, he added, it will be so capable, you’ll be able to snooze in the driver’s seat while it takes you from your parking lot to wherever you’re going.

“I think we will be ‘feature-complete’ on full self-driving this year, meaning the car will be able to find you in a parking lot, pick you up, take you all the way to your destination without an intervention this year,” Musk said during a podcast interview with the money management firm ARK Invest, which is a Tesla investor. “I am certain of that. That is not a question mark.”

Today, Tesla customers willing to plunk down an extra $5,000 at purchase can unlock their vehicles’ Enhanced Autopilot feature, which is far simpler than what Musk is promising. The technology “guides a car from a highway’s on-ramp to off-ramp, including suggesting and making lane changes, navigating highway interchanges, and taking exits,” according to the automaker’s driver’s manual.

But Tesla’s vehicles still definitely can’t drive themselves everywhere—not on service roads, not through parking lots, and not in cities. Musk has long said they would, one day.

I have long been fascinated with the idea of self-driving cars, and I am quite excited about this news. 

Even my daughter, who has expressed significant doubts about this technology, is finally on board and said that she will be an early adopter once it becomes available in a price range that she can afford. 

I would also be up for buying one of these, just as soon as I am confident they can handle the challenging Alaskan driving conditions. 

Bloomberg recently posted an article about what this might mean for the auto insurance industry:

The transition points to a larger, existential crisis for the multibillion-dollar car insurance industry. If nobody’s driving, why do we need auto insurance? Premiums—and company revenue—are based on a driver’s likelihood of being in an accident, as well as actual crash rates. With more than 90 percent of accidents caused by human error, taking the driver out of the equation is going to mean big changes for insurers.

“This comes up in every strategic conversation,” said Michelle Krause, senior managing director in Accenture’s insurance client service group. The major carriers “are very focused on understanding the technology behind [automation] and what opportunities are available for them.”

Krause’s group, with research from the Stevens Institute of Technology in New Jersey, published a report in 2017 forecasting trouble for insurers as automation becomes more widespread. Premiums could drop by 12.5 percent of the total market by 2035, the authors found, and while new insurance product lines centered on autonomous vehicles will offset some of the loss, declining premium revenue will eventually outpace gains.

So not only will driving become significantly safer, but we may also see a reduction in our insurance costs, and someday no need for insurance at all. At least not as we know it today. 

Yeah, I think we can color me excited. 

About the Author:

This blog is dedicated to finding the truth, exposing the lies, and holding our politicians and leaders accountable when they fall far short of the promises that they have made to both my fellow Alaskans and the American people.

5 Comments

  1. Anonymous February 22, 2019 at 5:51 am

    Have you not heard of global warming? When the earth is uninhabitable, there’s no need for the cars.

    Buying more shit and breeding IS what is killing us all. Stop buying shit. Repurpose, reuse, glean.

  2. anonymous February 22, 2019 at 8:04 am

    OT?
    Dunleavy’s budget cuts and proposals to seize hundreds of millions of dollars in property taxes from local governments would
    “have significant negative impacts on local municipalities’ credit quality throughout the state if enacted.”
    “It also notes that the pain wouldn’t end there:
    “Cuts in overall state and local government spending could also have negative impacts on employment and economic activity.”

    http://midnightsunak.com/2019/02/21/ratings-agency-says-dunleavy-budget-proposals-could-hurt-credit-of-local-governments/?fbclid=IwAR1QhZ2uNBcH9o9hIrkz4IZu60PdHEvIxj-09KwdVL_x2lQeEb4gs5agm4Y

  3. Whatevs February 22, 2019 at 2:38 pm

    hahahaha. People plan their weddings with more lead time.

  4. Anonymous February 23, 2019 at 9:49 pm

    Nope.

    But there will be before 2030.

Comments are closed.