Showing posts with label T. Rowe Price. Show all posts
Showing posts with label T. Rowe Price. Show all posts

Jun 3, 2023

David Giroux on autonomous driving

Over the next 10 years, as more consumers buy cars that incorporate these [self-driving] technologies that reduce accidents, that's bad for auto insurers.  Maybe lawers, too - anyone who benefits from auto accidents.  But from a societal perspective, it's a great thing.  And the technology exists today.

~ David Giroux, chief investment officer, T. Rowe Price Investment Management, "A Portfolio Manager Peers Into The Future," Barron's, June 3, 2023