Earlier quoted context omitted.
Care to elaborate? Outside of unleaded gas, most externalities in the car industry seem to progress slowly in the absence of regulation. Technology in cars can be rapid but seems to ignore those externalities
> Technology in cars can be rapid but seems to ignore those externalities Many regulated risks in automobiles are not external , which is I think where they're out of bounds. I think a certain amount of regulation to ensure consumers are informed of the internal risks of an automobile is reasonable; but the government really oughtn't tell you how safe your car must be for you . Externalities , as you say, are the app…
My point was that automotive manufacturers are not particularly incentivized to improve on areas that don't align with their bottom line. Are you advocating for more regulation in terms of performance parameters?