‘Immense potential’ for industry from AI
- April 19, 2016
- Posted by: Simon Wait
- Category: Industry News
Artificial intelligence (AI) and digitisation will change the future of cars, challenge traditional business models and create immense potential for innovation according to Frost & Sullivan.
The growth partnership company predicts that in future, cars will be cognitive – not only will they recognise voices and be able to optimise the journey, they will also incorporate other cognitive technologies of AI – computer vision, machine learning, rules based systems as well as planning and scheduling.
The societal impacts of AI, and autonomous driving as one element of it, will be far-reaching. Alongside the impact on society, AI and autonomous driving will change the future of our cities. All this and more will be debated at Frost & Sullivan’s Intelligent Mobility event taking place in London on the 28-29 June.
Isabel Dedring, deputy mayor, transport at Greater London authority will be a keynote speaker at the event exploring how policies have to change in order for cities to be able to adapt to these changes in an ideal way.
Another highlight of the event will be the contribution of Julia Steyn, vice president, urban mobility programs at General Motors, who will speak on GM’s concept of new urban mobility business models to target new customers.
Sarwant Singh, Frost & Sullivan senior partner, said, ‘We are moving rapidly into the cognitive era where Artificial Intelligence and digitisation in cars and transport will disrupt the future of the car and pave the way for new business models. Everything from vehicle design to ownership models and mobility services will be transformed. This is an exciting change for the industry to embrace.’