AI and the expansion of the IoT - PACE

A world where there are no car accidents, congestion is a thing of the past, and artificial intelligence (AI)and Internet of Things drive the future are no longer wishful thinking. It's a reality that German-based companies like Bosch is pushing and could be happening in as little as five years. At Bosch's annual press conference held earlier this year, Dr Volker Denner, chairman of the board of management for Bosch, outlined the company's future strategic plans for automated cars and the impact AI and the IoT will have on many things in the not-too-distant future. How serious is the company in pressing innovation in this space? This year the company added 500 more engineers to work on its automated driving projects, which means it has more than 3000 specialists working in this arena.