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Tesla driver who killed 2 people while using autopilot must pay $23,000 in restitution without having to serve any jail time (fortune.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 11 points 10 months ago (1 children)

The U.S. uses the value of statistical life VSL. Here are the numbers from the Department of Transportation over the last 10 years or so.

So, it is interesting and egregious that the driver needs only pay $23K and Tesla pays nothing at all!

[–] [email protected] 2 points 10 months ago (1 children)

So according to this, the DoT values a life at $12.5M in 2022? I’m curious about their methodology.

[–] [email protected] 2 points 10 months ago* (last edited 10 months ago) (1 children)

You look at different jobs, how high the risk of dying is and how much they pay, and work out from that how much more pay people demand for say a 1% risk increase. Then you scale that up to 100% risk.

So if you were to work an average job no one has ever survived, and you died on the day you retire, you would've earned those 12mil

[–] [email protected] 1 points 10 months ago

Huh that’s kinda neat. Thanks!