2016- Manufacturers of autonomous vehicles should be making a SPLASh to manage risk - Presented by Christine K. Kogut
The route to a fully autonomous vehicle market seems long and fitful in the eyes of many. But it is likely to become a reality faster than many are prepared to accept. Like IBM, Kodak, and many other companies once confronted with a rapidly changing market, we, too, are now faced with disruptions in the auto market, perhaps unlike any since the invention of the auto. As liability increasingly shifts from the human driver to systems and software – a trend highlighted by recent reports of the first autonomous fatality – original equipment manufacturers (OEM) will come to the forefront as primary holders of automobile-related insurance risk. How they manage this risk will help determine the success and acceptance of the autonomous vehicle market in the years to come. Check out the link to this article here.
Christine K. Kogut, FCAS, MAAA
Prinicpal and Consulting Actuary, Milliman
While the 1949 Geneva Convention’s series of pacts is most famed for mandating humane treatment of wounded soldiers, civilians, and PoWs, the historic document may now stand in direct opposition to the development of autonomous vehicles - but Elon Musk, CEO of Tesla Motors, disagrees.
For all the excitement surrounding autonomous vehicles, most of the attention has focused on what the technology will mean for consumers who might finally be freed from the tyranny of the commute. No less revolutionary is what the technology might mean for mass transit and trucking. Granted, robo-trucks and self-driving buses aren’t nearly so sexy as, say, Audi’s gorgeous autonomous A7 or as friendly as Google’s cute self-driving gumdrop of a car. But the technology is here, now, and proving itself in real-world testing.
Autonomous cars came under the spotlight in November when Japanese Prime Minister Shinzo Abe took to the streets of Tokyo in an autonomous Nissan Leaf. Nissan Vice Chairman Toshiyuki Shiga explained: “With the public road demonstration for the Autonomous Drive held in the presence of the Prime Minister, I believe that a great step has been taken towards the realization of Autonomous Drive.”
Just last month we reported on Google’s latest software developments which are allowing self-driving vehicles to navigate busy city streets, and this has been followed by the news that the technology giant has opted to develop its own autonomous vehicles. It is able to detect and recognise hundreds of different objects simultaneously and negotiate a path through urban areas containing pedestrians, road works, cyclists, railway crossings, and a variety of other obstructions.
As we move ever closer to driverless vehicles, the technology being introduced along each step of the way is just as fascinating as the overall concept itself. Recent advances in driver-sensing systems are going beyond basic drowsiness detection and becoming much more accurate in detecting the state of the driver.
At the Los Angeles Motor Show, Audi revealed its new concept vehicle, the Prologue, which showcases the exterior for the autonomous A8 that the manufacturer aims to make available in 2017. Also hoping to be the ‘first to market’ with a self-driving car is Mercedes, who recently showcased its vision of how the interior of an autonomous vehicle will look in the future. This article discusses how both auto-makers are continuing research and development towards autonomous cars.
While passive and active safety systems have significantly improved the safety of cars across all segments, the industry believes the power of future safety systems lies with the integration of the two structures. Sensors, controllers, data interpretation and intervention protocols have to work seamlessly to take safety performance to the next level.
With electric cars, ride-sharing, and self-driving technology, the automotive industry is on the verge of disruption. In the near future, people won't need to own vehicles anymore - it'll become a luxury. Just like back in the day, when mass-produced cars first hit the streets and horses went from being an everyday necessity to becoming a recreational asset for wealthy equine enthusiasts.
Automotive IQ sat down with Mr. Pipponzi, Functional Safety Automation Manager at Intel Corporation, to discuss the increasing complexity in functional safety for electric and automated vehicles.