Economic benefit, challenges, and perspectives for the application of Autonomous technology in self-driving vehicles

Abstract

With the development and innovation of state-of-art autonomous driving technology, the feasibility of autonomous technology application in self-driving vehicles has become a social interest. Despite the several energy and economic advantages brought by autonomous driving, the safety, technic, and ethical issues are still of concern. Thus, this paper has carefully evaluated the feasibility of self-driving applications regarding the above aspects. Suggestions are also provided accordingly for further technology evolution. The results show that autonomous driving has greater benefits, but there is still room to fill in the legal and technical aspects. The benefits mainly include freeing up drivers and greater road capacity. In addition, smoother roads reduce motor vehicle emissions, allowing the environment to be protected. It also makes it safer for people to travel without the subjective emotional factors of drivers causing traffic accidents. Finally, further advanced automotive chip and sensors research is necessary to replace manual driving fully.