this post was submitted on 26 Mar 2025
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That doesn't look like Swiss Re compared anything. That looks like Waymo compared their own data (which they're refusing to show us) against Swiss Re's data. They also didn't correct for the data being across very different driving conditions (surface streets versus freeway), but regardless of that, the biggest takeaway to me is:
That's incredible! As in, I don't think it's credible. Is there any insurance company that's willing to insure Waymo's cars for 20% of the cost of an individual human policy? If so, they should be able to just pocket the other 8%/12% and make out like gangbusters. Want me to call up Swiss Re and see if they're willing to do it?
Yes, their interpretation of Swiss Re is open to debate. That said, I suspect self-driving cars are already safer per kilometer than human driven cars.
Also, they'll only keep getting better, while human abilities plateau.
https://www.euronews.com/next/2024/06/20/self-driving-cars-are-generally-safer-than-human-driven-ones-research-shows
"Waymo cars are safer!"
We don't actually know that, specifically because Waymo wants to keep the data away from us that we might use to verify it.
"Swiss Re is trustworthy and they say they're safer!"
They don't actually say that.
"I suspect it's true though!"