This skepticism is likely fueled by recent scandals involving autonomous vehicle companies like Cruise and Tesla, as well as reports that driverless cars are involved in twice as many crashes as human drivers. The survey also found that only 29% of drivers would be willing to pay a premium for autonomous technology, suggesting a lack of demand that could slow the growth of the industry over the next five years.
Key takeaways:
- Most Americans distrust self-driving car technology, with 93 percent expressing concerns about safety and potential malfunctions, according to a survey by Forbes Legal.
- Scandals involving Cruise and Tesla, as well as reports of driverless car tech causing more crashes than human drivers, have likely contributed to this skepticism.
- Only 29 percent of drivers are willing to pay a premium for driverless tech, indicating a potential lack of demand that could slow growth in the autonomous vehicle industry.
- The hype around autonomous vehicles may be near bursting, but it's too soon to say for certain.