Comment by bdamm
4 hours ago
This is the point of insurance no? It's the underwriter's job to figure out what the risk probability of insuring a specific vehicle is, and then to represent that risk in future lawsuits while paying out the named insured in the meantime. If you think the traveling public should be party to insurance from vehicle collisions in general, then that's a legislative framework change for all road users (and you can bet your behind that will mean higher premiums for everyone, which I'm personally ok with. We've externalized far too many costs. Let's ban writedowns for exploratory oil drills too.)
As a driver, how would you track down the insurance company behind this trucking company? People have other things to do.
But there must be some compensation to be forced to become an unwilling participant in Musk's experiments! Otherwise what's the disincentive for these experimenters?
Well if people are stuck in traffic for hours due to a technical problem closing the highway then I think they have lots of time!
My main point, though, was that this idea of yours is great and that the legal structure would be compensation through insurance. The insurers figure out what is risky and what isn't (regardless of the company) and then pass that risk on to their rate payers. The rate payers know that trialing risky technology costs more and it is baked into the operational cost. Yes, people causing accidents should be liable for the time lost! It doesn't matter who causes the accident, Musk or just Joe Schmoe!
HOWEVER, what you'll find out is that one or two meltdowns on I880 is barely going to move the needle. Your average every day collision is going to just get a lot more expensive, with a small fender bender easily causing millions in payouts. The technology companies will still be a drop in the bucket and will happily pass on the risk to their eager customers, who are absolutely thrilled at the idea of cutting out a massive gasoline expendidure from their operation sheets. A 1% or 2% cut in freight cost is massive, and these new trucks are promising to be cost-competitive with RAIL. That is an absolute game changer, and shipping companies would be happy to pay more for insurance since a couple product development failures is absolutely nothing in the big picture of the world and where traffic slowdown comes from.
I love your idea, but if what you want is to punish progressive product companies, this isn't the way to do it.