It's the only sensible approach. Not just is the notion that "humans use just their eyes too" completely wrong (otherwise how would be able to tell that something is off with the car "with our butt"?), computers are not even remotely close to our understanding and rapid interpretation of the world around us or cooperation beyond of what's pre-programmed, which is necessary to deal with unforeseen circumstances. Cars must offset this somehow, and the simplest way to do so is with vast sensor suites that give them as much information as possible. Of course many humans also utterly fail at cooperation and defensive driving, but that's another problem.