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X Prize — another comment

Started by cordblomquist · 10 months ago

The X Prize is apparently underwritten in part by the Progressive Insurance company - a firm that, I believe, is active in auto insurance. I see no reason why any auto insurer would favor less safe cars. Indeed, much of our work on the size/safety relationship (the “blood for oil%E ... Continue reading »

2 comments

  • Artificial

    7 months ago

    Technology CANNOT eliminate tradeoffs; nor can technology advance prizes. The belief that tradeoffs can be eliminated is at the basis of much of the popularity of “technology mandates.”
    reply
  • ReACTIONary

    7 months ago

    I think you misunderstand what "interventionists" are advocating. It is not that trade-offs can be eliminated, but that some trades are intrinsically wrong and must not be pursued, even if the market would accommodate them. Thus we are not allowed to pursue a trade-off that would eliminate safety glass in favor of less cost.
    reply

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