What Alphabet Inc (NASDAQ:GOOG) Wants The Government To Do About Driverless Cars
Alphabet Inc (NASDAQ:GOOG) is one of the companies behind the most advanced self-driving car project. The company feels the environment of testing and deploying driverless vehicles is still far from conducive. It wants the government to streamline regulation of self-driving cars and accelerate approval of rules that will allow them to hit the road faster.
Alphabet’s head of self-driving car project, Chris Urmson, was testifying before the Senate commerce committee. His prepared statement outlined issues he wanted the government to address to speed up bringing of self-driving cars to the road. Urmson’s statement also sought to bring out the benefits of self-driving car to the government and taxpayers.
If driverless cars are allowed to take over the roads, Alphabet Inc (NASDAQ:GOOG) sees the government making huge financial savings in spending relating to public transport.
For example, Urmson says that supporting self-driving cars will lower the cost burden associated with public transport systems such as trains and buses. Additionally, costs of maintaining roads will also drop.
The other benefit that Alphabet Inc (NASDAQ:GOOG) sees in driverless cars is that they will help improve highway safety. Google’s self-driving cars have been undergoing road tests at they have proven to be far safer than their human-driven peers. Although they have been involved in a number of accidents, the accidents have been minor and most of them were caused by human drivers not the robots driving the cars.
With self-driving cars, Alphabet sees an opportunity to free up parking infrastructure. Alphabet’s Urmson claims that parking spaces in the U.S. take up an area equivalent to the size of Connecticut.
Safety concerns over autonomous cars
As much as Alphabet Inc (NASDAQ:GOOG) and other automakers are pitching to the government in favor of fully autonomous cars, robotic experts have reservations. They believe that driverless cars are not ripe for the road as Google and others claim. For example, they claim that such cars still cannot handle bad weather and sudden downpours in an efficient manner.
Latest posts by Neha Gupta (see all)
- Is Facebook Inc (NASDAQ:FB) Winning Or Losing In Virtual Reality Space? - May 27, 2016 07:35 AM PDT
- No Growth In Costco Wholesale Corporation (NASDAQ:COST)’s 3Q Comps Explained - May 27, 2016 07:34 AM PDT
- How Will International Business Machines Corp. (NYSE:IBM)’s Big Data University Help? - May 27, 2016 07:33 AM PDT