AUTONOMOUS DRIVING LOSSES RELATED TO FATAL COLLISIONS
Here are projected autonomous driving losses for a nominal manufacturer of 1M cars per year.
Sales: 1M cars/year.
Declination fraction per fatal collision in which autonomous driving is involved: 5%.
Loss of annual revenue per fatal collision: $2B per fatality per year.
The recent fatalities in self-driving vehicles have received outsized negative publicity. The car-buying public, and even several US Senators, are concluding that self-driving vehicles are risky, and are pushing for government safety regulators to be tough watchdogs.
As the car-buying public is extremely sensitive to even a single fatality ascribable to self-driving, the safety bar is much higher for self-driving than for human drivers. Therefore, car companies will be required to do more than ever before to prevent ALL avoidable collisions - and to minimize the harm if unavoidable. Otherwise, they may become faced with very severe government safety regulations, and risk losing business.
A forward-thinking automotive company would receive great value for IP that enabled autonomous collision avoidance and harm minimization. Each collision involving self-driving vehicles probably costs the brand millions of dollars in lost sales, and each fatality probably costs them hundreds of times that amount.
ARI offers compelling and well-supported IP - with hundreds of Claims which provide a solid position on collision avoidance and harm minimization.
AUTONOMOUS SOLUTIONS FOR MISSION CRITICAL SAFETY
If you share our obsession at ARI with saving lives needlessly wasted on roadways, let’s talk!
ARI's Patents combine COLLISION AVOIDANCE and HARM MINIMIZATION.