Where is AI in the auto industry now – and where is it heading?

The shape-shifting, artificial intelligence (AI)-powered cars seen in futuristic films aren't appearing anytime soon but AI technology certainly exists today in the auto market and will be increasingly visible in the future. Industry observers are saying that AI and machine learning have reached a tipping point and will cause enormous advances through the next few years in many markets. In the automotive sector, these technologies will be transformative. Analysis firm IHS Markit predicted that the installation rate of AI-based systems in new vehicles would rise by 109% in 2025, compared to a modest 8% adoption rate in 2015. In February 2017, Ford paid $1 billion for artificial intelligence start-up Argo AI.