Artificial Intelligence (AI) helps the vehicle to take decision in complex environment. AI is utilized in automobiles industry for smart mobility. At present, automotive industry has employed advanced driver assistance system (ADAS) and with increase amount of embedded intelligent the industry is progressing towards semi-autonomous vehicle. AI enables real-time recognition of surroundings and automates the vehicle mobility, controls in-vehicle systems, and eventually prevents accident. The various applications of AI in automobile sector is road tracking, capturing driver's gesture and expression, passenger experience, fleet management, weather monitoring, predictive maintenance, location search, E-payment and in-vehicle system control.
Click here to learn more about Gilad David Maayan. There are a significant number of investments in the automotive industry nowadays. The majority of these investments focus on artificial intelligence (AI) and the optimization of self-driving technology. Meanwhile, new mobility systems and players are making their way into the automotive market. Tesla is trying to improve its autopilot system, Uber is testing robo-taxis, and Google is developing self-driving cars.
In 2017, these 15 self-driving car start-ups have cumulatively raised funding of more than $3 billion till date and the funding raised in 2017 was 100% more than 2016. The total funding of all self-driving scar tart-ups from both private and corporate investors has gone past $5.5 billion as of March 2018.The digitization is also fuelling the prospects of autonomous on demand ride hailing taxis. It is worth mentioning that only few of the start-ups are generating revenue and some are yet to showcase a clear path to scale up and ultimately become profitable. US is considered to be leading the way in terms of legislation for driverless vehicles. States in America including Nevada, Florida, California and Michigan have already passed laws concerning driverless cars.
What if large groups of people could go beyond ridesharing – replacing traditional car ownership altogether through on-demand access to the cars they want: a convertible in the summer, an SUV for winter ski trips? What if driving skills could be computed as a score that warned us of bad drivers nearby – real time, on the road – also enabling navigation systems to offer safer alternative routes? Imagine if we could get rid of traffic jams and accidents altogether. Or how about if our cars picked up our groceries on their own -- and dropped us off at the airport like a self-contained limo service? What if automakers could subsidize our car purchases by working with telecommunications and other companies that want to capitalize on the lifetime revenue opportunity of a connected driver?
Almost half of Americans say they would never buy a fully self driving car, a new survey has found. The huge blow to the industry comes after rocky trials that have seen multiple accidents, including a self-driving Uber vehicle that killed a pedestrian in the first death involving a fully autonomous test vehicle in March. The Cox Automotive Evolution of Mobility Study found that consumer awareness of driverless vehicles has skyrocketed - but that people still want to be able to drive themselves. The research found 84 per cent want to have the option to drive themselves even in a self-driving vehicle, compared to 16 per cent who would feel comfortable letting an autonomous vehicle drive them without the option of being able to take control. It also found 84 per cent want to have the option to drive themselves even in a self-driving vehicle, compared to 16 per cent who would feel comfortable letting an autonomous vehicle drive them without the option of being able to take control.