A similar effect is caused by driving through forests with the light flashing through the trees. Additionally, the "strobe" effect can occur during helicopter operations and, in it's worst out come can cause vertigo. Called Flicker Effect, it can trigger epileptic seizures known as Photosensitive epilepsy or PSE.
Wikipedia adds "...The exact spacing of a pattern in time or space is important and varies from one individual to another: a patient may readily experience seizures when exposed to lights that flash seven times per second, but may be unaffected by lights that flash twice per second or twenty times per second. Stimuli that fill the entire visual field are more likely to cause seizures than those that appear in only a portion of the visual field. Stimuli perceived with both eyes are usually much more likely to cause seizures than stimuli seen with one eye only (which is why covering one eye may allow patients to avoid seizures when presented with visual challenges). Some patients are more sensitive with their eyes closed; others are more sensitive with their eyes open.
Sensitivity is increased by alcohol consumption, sleep deprivation, and other forms of stress."