Obama Proposes $4 Billion Investment In Self-Driving Cars (transportation.gov)
An anonymous reader writes: The Obama Administration has unveiled a proposal for a 10-year, $4 billion investment in the adoption of autonomous car technology. The money would fund pilot projects to, among other things, "test connected vehicle systems in designated corridors throughout the country, and work with industry leaders to ensure a common multistate framework for connected and autonomous vehicles." The administration says it has an interest in cutting the death toll — over 30,000 people each year in the U.S. — associated with traffic accidents. The proposal also calls for the National Highway Traffic Safety Administration to work with industry to resolve regulatory issues before they inhibit development of self-driving cars. "This is the right way to drive innovation," said Transportation Secretary Anthony Foxx.
So the administration is spending somewhat less than half a billion a year to test the road-worthiness of such autonomous vehicles and then ensure that the different models can operate with each other. It's not about crony capitalism but ensuring that the autonomous vehicle market doesn't degenerate into a Wild West of clashing, or worse crashing, standards. Of course, the ideal would for a world body to set the standards for autonomous vehicles, but waiting for that could mean some other country could get a head start in developing the technologies that would later be incorporated in those standards.
The companies working on self-driving cars have complained that each state has different regulations about them. They asked the federal government to step in and make uniform regulations across the US. That's what Obama is doing.