Warren Buffet has warned that self - driving cars could be an issue for the auto insurance industry in the future due to the fact that they will almost certainly prove to be a lot safer . Buffet stated in a recent interview : “ Anything that makes cars safer is very pro - social , and it 's bad for the auto insurance industry … if there are no accidents , then no need for insurance … and when it happens there will be a lot less auto insurance written . "
Warren Buffet has warned that self-driving cars could be an issue for the auto insurance industry in the future due to the fact that they will almost certainly prove to be a lot safer. Buffet stated in a recent interview: “Anything that makes cars safer is very pro-social, and it's bad for the auto insurance industry…if there are no accidents, then no need for insurance…and when it happens there will be a lot less auto insurance written."