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. Anything that makes cars safer is very pro-social, and it's bad for the auto insurance industry. The CEO of Berkshire Hathaway said on CNBC last week that he believes autonomous vehicles are going to make it easier and safer for people who want to drive their own cars.
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. The CEO of Berkshire Hathaway said on CNBC last week that he believes autonomous vehicles are going to make it easier and safer for people who want to drive their own cars.