The case is believed to be the first time that U.S. prosecutors have brought felony charges against a motorist who was using a partially automated driving system.
You look at different jobs, how high the risk of dying is and how much they pay, and work out from that how much more pay people demand for say a 1% risk increase. Then you scale that up to 100% risk
The U.S. uses the value of statistical life VSL. Here are the numbers from the Department of Transportation over the last 10 years or so.
So, it is interesting and egregious that the driver needs only pay $23K and Tesla pays nothing at all!
So according to this, the DoT values a life at $12.5M in 2022? I’m curious about their methodology.
You look at different jobs, how high the risk of dying is and how much they pay, and work out from that how much more pay people demand for say a 1% risk increase. Then you scale that up to 100% risk
Huh that’s kinda neat. Thanks!