Thursday, September 12, 2013
To Enjoy Driverless Cars, First Kill All the Lawyers - Bloomberg: McArdle argues that the main thing standing in the way of driverless cars is the legal liability system. I think she is right and I agree with her that it would be a tragic missed opportunity if the legal system were allowed to prevent this advance. But I am not as pessimistic. As she points out, there are some countries that have abandoned the fault based liability system that stands in the way of driverless cars. As those countries adopt driverless cars and the benefits of such systems become apparent, it may provide the needed impetus for reform.