Today, we have fully electric vehicles with AI-enabled semi-autonomous features, as well as fully autonomous vehicle applications. But how has this affected insurance premiums, and will those changes deter you from buying a specific “vehicle of the future”?
Presently, most vehicles still put you in the driver’s seat and in control, leaving your insurance unaffected. But now that we have more autonomous features than ever to make the roads safer, insurance is changing.
Growth in the construction industry has only been 1% over a few decades while manufacturing is growing at a rate of 3.6%. With the total worker output in construction at a standstill, it is no surprise that the areas where machine learning and AI could improve such statistics were minimal. Yet, those technologies are finally starting to emerge in the industry.
“To abate risks better, deal with those that pose the greatest threat to your goals first.” -Greg Williams, The Master […]