Don’t get giddy as self-driving cars go for a vote next week
Over the years, we’ve seen the positive as well as the negative impact of regulatory mandates. Given our Aging of the Population theme, we suspect there is growing demand to be had for the Disruptive Technology that is self-driving cars. We also see the technology changing retail and grocery as well. While some may get a tad giddy as the House goes to vote on a bill that allows for more testing of self-driving cars, we’d caution that
While some may get a tad giddy as the House goes to vote on a bill that allows for more testing of self-driving cars, we’d caution that past the House vote, the Senate remains, and again this is all for testing. A step in the right direction, but going from testing to market with a viable and affordable service… odds are that is going to take time.
House lawmakers are set to vote as soon as Wednesday on a bill that would allow the likes of Ford, Google and Uber to test more self-driving cars on U.S. roads.
The bill, called the SELF DRIVE Act, would permit automakers and tech giants to obtain exceptions to federal safety rules — the official U.S. standards that govern everything from steering wheels to seat belts — so that they can test as many as 100,000 experimental vehicles over time.“
With the SELF DRIVE Act coming to the House floor, we are beginning to unlock the full potential of self-driving cars to make roads safer, create new economic opportunities, and help seniors and those with disabilities live more independently,” said Reps. Greg Walden and Bob Latta, two Republican lawmakers leading the effort, in a statement today.
Source: The U.S. House is set to vote next week on a major bill regulating self-driving cars – Recode
