It's 'inevitable' that a self-driving car will kill someone. Here's why a VC thinks we should be investing in them anyway.

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Boeing and Uber's fatal accidents have raised concerns about autonomous transportation systems, but Lux Capital's Shahin Farshchi is not deterred about the technology's future.

in the last six months concern Shahin Farshchi, they haven't dissuaded him about the potential for autonomy, particularly when it comes to vehicles. Farshchi's firm, Lux Capital, has made numerous bets on self-driving cars and related technologies, including in high-profile startup Zoox, and he's open to more such investments in the future.

Part of the reason why Farshchi remains optimistic about the industry is because he believes autonomous systems have the potential to revolutionize the way people get around. He expects that within about five years ride-sharing services such as Uber and Lyft will account for roughly one third of all miles traveled. Of those ride-sharing miles, about 10% by then will be driven by autonomous vehicles, he predicts. And that amount will only increase over time.

"With the problem being big enough and the thousands of people that are killed every year in the United States ... I think that motivation is large enough to get this technology out there for everyone to benefit from safer, more reliable, more available transportation," Farshchi said.Accidents such as those involving the 737 Max airplanes and the Uber car represent a tragic reality that could ultimately make the world safer and a danger, he said.

 

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Human-driving cars kill everyday. What’s your point?

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