Autonomous vehicle company. This hearing is just over two hours. At emerging innovations in Automotive Industry. This is about two hours. Good morning. One of the privileges of leading a committee with a jurisdiction as broad of that as the commerce committee, sometimes our work takes us off capitol hill and into the real world. In recent years we have held many. While we have not traveled quite herer today, what we are to discuss is no less important. Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to enable substantial growth. Key benefits include improved safety, new jobs, new transportation opportunities and reduced congestion. Automate
On your screen is senator john thune of south dakota. Theyre holding a field hearing today. Senators are going to learn about automotive innovations, including selfdriving cars. Witnesses include representatives of businesses in the automotive and Autonomous Vehicle field and the head of florida poly tetechnic universi. Theyve just gotten under way. Policymakers must take a careful approach to these new technologies. We must allow innovation to thrive while also ensuring the technology is safe and reliable. We must also refrain from favoring one technology, business model, or type of company over another so as to avoid locking in technology before innovation and market choices can take place. The bipartisan av start act, which senator peters and i introduced, accomplishes these goals by building on the existing Regulatory Framework to prioritize safety through increased reporting and oversight, thus promoting Public Safety and Building Public confidence and trust. At the same time, the
Cspan. Org, or on our free radio app. Next, we take you to the washington, d. C. Convention center where the senate commerce, science and Transportation Committee held a field hearing today. They looked at emerging innovations in Automotive Industry. This is about two hours. Good morning. One of the privileges of leading a committee with a jurisdiction as broad of that as the commerce committee, sometimes our work takes us off capitol hill and into the real world. In recent years we have held many. While we have not traveled quite herer today, what we are to discuss is no less important. Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to en
Welcomethat will soon all people interested in the automobile. Generatesbile trillions of dollars, supporting 7 million jobs across all 50 states. This industry is not standing still. It is hard to believe, but the Auto Industry spends more on research than that airs aerospace industries. New technologies such as Automated Vehicles and new Business Models offering mobility as a service are poised to enable substantial growth. Key benefits include improved safety, new jobs, new transportation opportunities and reduced congestion. Automated vehicles offer perhaps the largest potential gains in all these areas. More than 37,000 people lost their lives on u. S. Roads, a troubling increase from the year before. Many crashes were the result of human error. Asleephich cannot fall or become distracted, could potentially save thousands of lives every year. May spur economic activity. The wide adoption will spur a new passenger economy worth 7 trillion over the next few decades. To they will pro
Special consideration of the United States and the future. Its not going to be subject to the same budget control rules as the other expenditures. Last night steve corn aky show showed an interview about how you and he were gym buddies and turned marco rubio around on immigration and used the gym as a Hunting Ground to turn people over. Who are some of your targets that you might like to was Chuck Schumer lying . I go to the senate gym daily. He said that republicans go early and democrats go late. Yes. I tend to be thats why i try to be there first at 5 30. I go there every day for no obvious reason. A way to relieve stress. The first one there is an Orthopedic Surgeon from wyoming. We talk about these issues. And theres an opportunity there. Your guard is down when youre sweating and puffing and all the rest of this stuff. To talk about some of these issues. I have solved some big problems in the gym with my colleagues. I caught them at a vulnerable moment, you know. I think approach