Experiments with unmanned aircraft began in the First World War, and a radio controlled car was demonstrated in the streets of New York in 1925.Nevertheless, recent years have seen considerable progress towards the goal of autonomous and unmanned vehicles.
Such vehicles are an applied use of increasingly sophisticated artificial intelligence and robotics capabilities. These technological advances are allowing society to fundamentally reconsider the vehicles available to us, and the infrastructure which they are part of.
Lloyd's latest report Autonomous Vehicles - Handing Over Control looks at two major categories of autonomous and unmanned vehicles: (i) autonomous cars and (ii) unmanned aerial systems (UAS), as well as briefly considering other types of autonomous and unmanned vehicles. The development, as well as the commercial, public and consumer applications of these technologies will be considered, followed by the accompanying risks, and the foreseeable implications for insurers.
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