Monday, October 27, 2014

What's Holding up the Self Driving Vehicles? Three Things...


Google has been test-driving self-driving cars since 2011. The updated Tesla Motors (NASDAQ: TSLA ) Model S electric car comes with rudimentary autopilot features by default, and CEO Elon Musk hopes to have fully automated vehicles by the year 2023.

Musk's careful forecast raises the question: If Google can drive a car without human intervention today, then why should we have to wait another nine years before these vehicles hit the mainstream?

The answer is part technical and part economical -- but above all else, the legal framework just isn't ready for driverless cars yet.

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