Because you didn't do the math yourself, 40 miles per hour is just shy of 18 meters per second. So 120 meters is almost 6.7 seconds at that constant speed (more if you're slowing down). Start of video to collision is less than 5 seconds.
That should give quite a bit of time to slow down then or at least move slightly out of the way, even given the person may not have been detected exactly within the 5s+ of the video + factoring in computation speed + mechanical response times. Although again this is speculation as I'm not intimately familiar with how the objection detection works and what a bike w/ plastic bags may have looked liked crossing the road, plus what available options were at that speed and given the environment. Thanks.
