Trends
How is AI used in autonomous vehicles?
Artificial Intelligence’s surge in the automotive sector, projected to hit $11 billion by 2025, transforms vehicles into cognitive entities, mimicking human drivers’ capabilities. What is artificial intelligence? The term “Artificial Intelligence” was coined by John McCarthy, a computer scientist, i…
Headline
Artificial Intelligence’s surge in the automotive sector, projected to hit $11 billion by 2025, transforms vehicles into cognitive entities, mimicking human drivers’ capabilities. What is artificial intelligence? The term “Artificial Intelligence” was coined by John McCarthy, a…
Context
Artificial Intelligence’s surge in the automotive sector, projected to hit $11 billion by 2025, transforms vehicles into cognitive entities, mimicking human drivers’ capabilities. The term “Artificial Intelligence” was coined by John McCarthy , a computer scientist, in 1955. AI is defined as the capacity of a computer program or machine to reason, learn, and make decisions. In common parlance, it denotes a machine that emulates human cognitive functions. Through AI, we empower computer programs and machines to emulate human capabilities.
Evidence
Pending intelligence enrichment.
Analysis
These programs and machines are fed copious amounts of data, which is analysed and processed to facilitate logical thinking and execution of human-like actions. The automation of repetitive human tasks represents merely the surface of AI’s potential; its applications extend to medical diagnostics equipment and autonomous vehicles, with the aim of preserving human lives. Also read: What is automotive technology? The automotive AI market is projected to have been valued at $783 million in 2017, and it is expected to approach nearly $11 billion by 2025, with a Compound Annual Growth Rate (CAGR) of approximately 38.5%. According to IHS Markit, the adoption rate of AI-based systems in new vehicles is forecasted to surge by 109% in 2025, compared to the 8% rate recorded in 2015. AI-based systems are poised to become a standard feature in new vehicles, particularly in two main categories: Firstly, infotainment human-machine interface, encompasses speech recognition, gesture recognition, eye tracking, driver monitoring, virtual assistance, and natural language interfaces.
Key Points
- Artificial Intelligence (AI) was coined by computer scientist John McCarthy in 1955, defining it as the ability of computers or machines to think, learn, and decide, often mimicking human cognition.
- The automotive AI market is projected to soar from $783 million in 2017 to nearly $11 billion by 2025, with AI systems becoming standard in new vehicles, particularly in infotainment interfaces and advanced driver assistance systems (ADAS).
- AI in autonomous vehicles involves equipping them with sensory, cognitive, and executive functions akin to human drivers, allowing them to perceive, reason, and act based on real-time data fed into intelligent agents, forming a Perception Action Cycle.
Actions
Pending intelligence enrichment.
