So one day my car insurance company will tell me: "you have to pay us more because you are driving yourself".
And immediately I start singing Red Barchetta in my head…
A comparison to Waymo’s auto liability insurance claims at 25M miles
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Re: A comparison to Waymo’s auto liability insurance claims at 25M miles
#22How did Waymo do this? As far as I know, replacing drivers with an AI was the goal of ever-money-losing Uber and Lyft, however, Waymo managed to get to this much sooner while having less funds.
I've also not seen much drama coming out of Waymo in the past. I could be wrong but I guess this is the benefit of keeping your head down and focussing on the problem instead of growing too large.
Re: A comparison to Waymo’s auto liability insurance claims at 25M miles
#23How did Waymo do this? As far as I know, replacing drivers with an AI was the goal of ever-money-losing Uber and Lyft, however, Waymo managed to get to this much sooner while having less funds.
Waymo is part of Alphabet, Uber posted profits this past yewr...
Re: A comparison to Waymo’s auto liability insurance claims at 25M miles
#24I can't trust that number if it comes from Waymo.com. I'd need to see it from an independant third party who has no interest having their finger on the scale
Re: A comparison to Waymo’s auto liability insurance claims at 25M miles
#25It seems like they compared apples to apples. Which make that an exciting result!
“The benchmark was calibrated using both mileage (driving exposure) and residence zip-code (geographic region). Specifically, only the claims associated with vehicles registered to addresses (i.e., where the insured resides) within Waymo’s operating zip codes in San Francisco, the Phoenix metropolitan region, Los Angeles, and Austin were included.” Page 11
“Waymo also almost exclusively operated on surface streets (non-access-controlled freeways) with a unique distribution of driving that is representative of a ride-hailing fleet. In contrast, the benchmark represents the privately insured driver population that resides in these geographic regions. The associated benchmark mileage has more freeway driving than the Waymo ADS.” Page 26
“Including freeway driving makes this benchmark crash rate artificially lower, so, by including freeways in this study’s benchmark, the benchmark crash rate underestimates the true driving risk of where the Waymo ADS operates.” Page 26
“Four claim frequencies were independently calculated for vehicles within Waymo’s operating zip codes in San Francisco, Phoenix, Los Angeles, and Austin. Thereafter, these frequencies were proportionally weighted according to Waymo’s mileage distribution across these four regions. This resulted in the definition of a benchmark driving population which had driven the same driving distribution across geographic regions as the Waymo Driver.” Page 12
“Waymo also almost exclusively operated on surface streets with a unique distribution of driving that is representative of a ride-hailing fleet… Due to all three of these limitations being expected to artificially suppress the benchmark crash rate (underestimation), the benchmarking results in this study are considered to be conservative.” Page 26
Re: A comparison to Waymo’s auto liability insurance claims at 25M miles
#26How did Waymo do this? As far as I know, replacing drivers with an AI was the goal of ever-money-losing Uber and Lyft, however, Waymo managed to get to this much sooner while having less funds.
I adores wondered the same thing for any new breakthrough. I listened to the Eric Schmidt interview on Diary of a CEO regarding this and definitely agree with his reasoning. He basically says the reason new companies get ahead while we wonder why the existing companies who should’ve been doing this stuff are so far behind is because the old companies were also do everything else. He was especially talking in terms of AI and how Google seems behind while OpenAI came out so quickly.
Re: A comparison to Waymo’s auto liability insurance claims at 25M miles
#27How did Waymo do this? As far as I know, replacing drivers with an AI was the goal of ever-money-losing Uber and Lyft, however, Waymo managed to get to this much sooner while having less funds.
Started 15-20 years ago, whereas Uber and Tesla hopped on the bandwagon late and tried to play catchup. I remember talking about the self-driving project at Google in 2008 or something like that. (IIRC they were trying to use Haskell for something.)
Re: A comparison to Waymo’s auto liability insurance claims at 25M miles
#28So one day my car insurance company will tell me: "you have to pay us more because you are driving yourself".
> one day my car insurance company will tell me: "you have to pay us more because you are driving yourself" As it should. You’re objectively higher risk, particularly if you’ve ever been at fault for a crash or gotten a ticket.
You're "objectively" higher risk, based on a study by the company building the autopilot, right?
How objective is that?
Re: A comparison to Waymo’s auto liability insurance claims at 25M miles
#29So one day my car insurance company will tell me: "you have to pay us more because you are driving yourself".
That's the dream. As a cyclist I would hope that day comes very soon.
I assume such a change would heavily impact you as well? 40% of all seriously injured in the traffic are single-bike accidents. Here in Sweden that is.