this post was submitted on 16 Dec 2023
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Wow the value of a life I guess. I don’t really know what can come close to the value of a life, but this doesn’t seem like it.
What would be the value of life then? I’ll save you the answer: no matter how big the number you say, someone else will say bigger. Until it becomes priceless, which is the answer.
However death and accidental death isn’t always avoidable. And when we pin the fault on someone we cannot expect to say “priceless” is what they owe the victim’s family. So we assign an amount of money or time that hurts, and call it good.
Doesn’t mean life is worth that. And saying so doesn’t help anyone.
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!