It's widely believed that self-driving vehicles will become commonplace in the fairly near future and that their growth will b

Question

2 years ago

10

It's widely believed that self-driving vehicles will become commonplace in the fairly near future and that their growth will b

e fast for years to come. Doesn't this mean that the United States should have policies designed to ensure that we are a leader in the self-driving car industry? Should the U.S. subsidize the domestic self-driving car industry?

Business

1 answer:

muminat · Answer 1 · 2022-08-12T03:39:12+03:00

Answer:

Of course the US should implement policies designed to ensure that the country continues to lead the self-driving car industry. New technologies are always beneficial for the economy.

The government should consider handing out subsidies only if they can generate higher returns form market power than the costs of the subsidies.

​It's widely believed that​ self-driving vehicles will become commonplace in the fairly near future and that their growth will b

It's widely believed that self-driving vehicles will become commonplace in the fairly near future and that their growth will b