The autonomous vehicle (AV) industry has been promising for years that self-driving cars will be the future of transportation. But technological progress remains slow, and in recent months investors have shown signs of impatience. When Intel took its Mobileye car-technology unit public in October 2022, it was valued at $23 billion, dramatically lower than the company’s original expectation of $50 billion. One of the challenges facing the industry is trying to estimate how much liability AV firms will have for accidents involving their vehicles. As fully autonomous vehicles become more common, they will inevitably be involved in accidents.

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