Despite the noted hurdles that will need to be vaulted in order for widespread AI adoption to take hold of the transportation sector, the investment could bring significant benefits. These industry professionals detailed the most likely upgrades that AI could deliver for the many modes of transportation. Here's what they said:
1. Brendan P. Keegan, CEO of Merchants Fleet
“The biggest benefit AI is likely to bring to transportation is safety. Real-time information about driver behavior is something that companies can use to mitigate risk, and technology already exists to do this now.
Eventually, when we reach the point of full V2V (Vehicle to Vehicle) connectivity and high-level automation where vehicles can communicate with each other and complete driving tasks, vehicles will be able to adjust their speeds and react in critical situations more quickly than humans would. However, it will likely be years before we reach the level of sophistication required to achieve this high level of safety.”
2. Joseph Notaro, Vice President, WW Automotive Strategy & Business Development, ON Semiconductor
“AI will help replace the driver functions’ when moving to higher levels of autonomy. AI will allow the car to make sense of the data it has and decide what to do. The capability to decide in all situations and not only in predefined states is the key benefit of AI in transportation. The applications are numerous: ADAS, Autonomous Driving, Interior / Cabin Monitoring, Driver Health Monitoring, Robo-taxis, etc.”
3. Juan Rodriguez, co-founder and CEO of FlashParking
“AI is all about spotting trends, like trends in vehicle movements. The collection and analysis of data gathered through AI will help with the reduction of congestion because you can more efficiently guide those vehicles to their final destination.”
4. Hongmo Je, CTO of StradVision
“Safety: AI can help the vehicle to predict the movement of Vulnerable Road Users including pedestrian and cyclist, and give the optimal decision making to avoid any accident. That’s why StradVision is at the forefront compliance and functional safety – we recently received the Automotive SPICE certification which makes us one of the first AI-based companies to receive it. Also, we received the Guibao (GB) certificate in China, proving our products’ safety and trust.”
5. Matt Hill, Chief Science Officer at Rekor Systems
“The #1 benefit AI brings to transportation is increasing public safety. AI can predict trends and events before they happen. This results in decreases in traffic collisions and traffic congestion as well as a much-needed increase in alternative transportation options like bus, train, walking, or cycling. As it relates to tollways, AI allows vehicles to enter and exit without the need to stop. Tollways take pictures of oncoming vehicles and leverage AI-based software engines to identify license plate numbers and bill the respective registered owner. Motorists are safer and no longer need to fuss over paying for a toll.”
6. Bryce Johnstone, Automotive Segment Director at Imagination Technologies
“Changes in the transportation industry will be massive, disruptive and impressive all at once. On the positive side, we will see a reduction in the number of accidents and fatalities on the roads; lower operational costs and increased level of service. Transportation-as-a-service or car-as-a-service will become a reality and will enable users to easily manage and pay for their journeys using their smartphones or other connected devices. This will make it easier, cheaper and more environmentally friendly for people to get about, particularly in busy urban areas.”
7. John Barrus, Director of Business Development at Groq
“My prediction is that by the end of the next decade, driven by cost savings and safety improvements, more than half of long haul shipping on land will be driven autonomously at around half the cost of shipping today. Ride sharing cars for companies like Uber and Lyft will primarily be self-driving and it will not be uncommon for people to have their personal car drop them off at an event before parking independently.”
8. Alex Shartsis, founder and CEO of Perfect Price
“AI brings efficiency. Whether large trucking companies negotiating and bidding on complex customer requirements, airlines routing thousands of planes (literally billions of dollars of assets) around the world, or train companies setting fares and schedules–we’ll look back on today’s transport infrastructure as horribly inefficient. AI will solve that.”
9. Tina Quigley, CEO of the Regional Transportation Commission of Southern Nevada (RTC)
“From our work with artificial intelligence technology from Waycare, we can detect significantly more incidents and enable faster validation and medical response to roadway incidents, ultimately allowing traffic to flow again, reducing the chance of secondary accidents and preventing untold millions of dollars in commerce-related delays.
Specifically, Waycare has enabled us to identify and respond to crashes 12 minutes faster on average. In addition, Waycare has helped RTC identify high-risk areas for preventative action. Waycare’s crash prevention pilot program has reduced the number of primary crashes by 17 percent on the highway segment where it is being used.”
Share your feedback and we'll consider adding it to the piece!
Have expert insights to add to this article?
Share your feedback and we'll consider adding it to the piece!ADD YOUR INSIGHTS