Taken far enough, this sort of technology and the driverless car technology could eliminate all collisions. Part of the gear would be motor vehicles communicating with each other.
The unobvious consequence of that is that all the crash structures, real bumpers etc. could be eliminated. Even airbags or seatbelts for that matter. And that would result in much lighter, more efficient cars that would make today's cars look like ponderous armour-plated dinosaurs.
Would driving be as much "fun"? I'm sure people will find some way to have fun.