Future Fords could repossess themselves and drive away if you miss payments

Post by ilovetux » Tue, Feb 28, 2023, 4:48 PM UTC

spacephysics wrote: post #52

ilovetux wrote: post #40

> The patent also outlines a potential to lock the vehicle out on weekends only so that the driver can still access a job and might be able to come through on those delinquent payments What if you usually work weekends which is common for a lot of the jobs people who are missing payments might be working? In that case you would be out of luck. You would also be out of luck if you are trying to get a side-gig or pick…

I think this misses the forest for the trees. This technology in any car should be a violation of our rights. A corporation dictates when to access the vehicle remotely? It’ll start with justifiable use cases. In a not too distant future, imagine something like: * can’t access car during peak CO2 emission times because you got the cheaper monthly rate that uses a green subsidy to pay for the cheaper rate * your incor…

Post by georgemcbay » Tue, Feb 28, 2023, 4:49 PM UTC

luckylion wrote: post #104

mauvehaus wrote: post #90

I feel like in order to patent a thing, you should need have to have a credible implementation of the thing being patented. An implementation of this clearly requires at least level 4 autonomy[0], which AFAIK, nobody has demonstrated. This is only slightly closer to a real-world implementation than a patent for asteroid mining, never mind commercial viability. Mind you, I don't consider that a bad thing; this is pret…

Isn't a large problem with FSD to do it at speed? If you never go above 5mph, a lot of things suddenly get much simpler because the amount of time you need to stop the car is very close to zero, and you probably don't care how long it takes for your possessed car to make it back to your show room.

Post by kube-system » Tue, Feb 28, 2023, 4:51 PM UTC

KarlKemp wrote: post #123

kube-system wrote: post #95

Earlier quoted context omitted.

> prevent americans buying cars on finance that they are never going to be able to afford The issue is that "Making finance accessible to low income Americans" and "predatory lending" are approximately two sides of the same coin. And so it is not politically popular.

That's part of the narrative for the financial crisis. Even without waging that particular fight, it's important to remember that, for a long time, there were plenty of barriers to full participation that had nothing to do with the individual's ability to afford something. Redlining is probably the best documented of these practices.

Post by kube-system » Tue, Feb 28, 2023, 4:53 PM UTC

notch898a wrote: post #132

kube-system wrote: post #95

Earlier quoted context omitted.

> prevent americans buying cars on finance that they are never going to be able to afford The issue is that "Making finance accessible to low income Americans" and "predatory lending" are approximately two sides of the same coin. And so it is not politically popular.

Lowering the cost of repossession lowers the risk/cost to lending to low income. It's good for the poor.

Post by the_only_law » Tue, Feb 28, 2023, 4:57 PM UTC

knodi123 wrote: post #138

rootusrootus wrote: post #28

Earlier quoted context omitted.

FWIW, this was the number one comment yesterday on the Reddit thread about this.

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