Warren Buffett: My view about self-driving cars and trucks

Credit: Finance Jane

The auto industry has been working on autonomous driving for years.

In some cities, people can already hop in a driverless taxi, and many companies are testing fully autonomous driving.

Although the technology is still nowhere near the point where the car can handle all the driving while you nap, vehicles are getting better at controlling their own steering and acceleration in more situations.

It seems to be a good thing for customers, but not all people will benefit from self-driving cars.

In this video, Warren Buffett talks about the influence of self-driving cars and trucks on the auto industry, the insurance industry and so on.

Warning: This video is to show you Buffett’s opinion about self-driving vehicles. Please do your research before doing any investment. A good balance between return and risk is the key to investment success.

Source: Finance Jane (Shared via CC-BY)