Adding up all costs related to accidents—including medical costs, property damage, loss of productivity, legal costs, travel delays and pain and lost quality of life—the American Automobile Association studied crash data in the 99 largest U.S. urban areas and estimated the total costs to be $299.5 billion. Adjusting those numbers to cover the entire country suggests annual costs of about $450 billion.
Now take 90% off these numbers.
I couldn't agree more. Driverless cars are going to change our society in ways we don't even understand yet, just as cars themselves started to 100 years ago. I haven't been this excited about a technological innovation in a long time.