06-05-2017 17:34 via feedproxy.google.com

BUFFETT: Driverless vehicles 'won't be a good thing' for business (BRK.A)

The first analyst question at Berkshire Hathaway's annual meeting on Saturday was about the threat of self-driving technology.
"If they make the world safer it's going to be a very good thing, but it won't be a good thing for auto insurers," Buffett said.
Self-driving cars have moved from a futuristic dream to a technology that corporations from BMW to Alphabet and Apple are investing in. Buffett said he thinks widespread adoption of self-driving cars is further down the
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