7 Ways AI Affects the Automotive Industry

Robotic Arms making a car with lasersArtificial intelligence has affected the automotive industry in many ways beyond the concept of “self-driving” vehicles. In our current social and technological climate, AI can do much more than operate cars and other vehicles.

Read on for a few ways that artificial intelligence affects the vehicles we use to get us to work, leisure activities, and everything in between.

1.) Autonomous Vehicles

One of the more obvious ways that AI is affecting and having an immense impact on the automotive industry is the introduction of autonomous vehicles. Self-driving car statistic sources forecast around 33 million autonomous vehicles on the road by the year 2040.

Self-driving cars and AI technology help human beings focus on other activities and spend less time being encumbered with the drudgery of self-navigating to work, for instance. While being driven by an autonomous vehicle, human beings can read, work on the computer, take meetings on the phone, and more — which results in an overall increase in productivity.

2.) Enhanced Navigation

Gone are the days when drivers have to resort to paper maps in order to get around and successfully locate desired destinations. Our phones and external navigation devices like Garmin have been providing navigation services to drivers for years, but many cars now come intelligently equipped with top-notch navigation systems that help drivers find gas stations, grocery stores, hospitals, and more.

3.) Manufacturing and Repair

One unfortunate aspect of AI in the automotive industry is increased job loss. Oxford University research asserts that AI in the automotive industry will continue to be one of the major causes of unemployment in multiple countries.

Increased adoption and incorporation of artificial intelligence and robotic technology will continue to affect automotive manufacturing, resulting in the depletion of automotive-related vocations that employ human beings. By 2025 it is believed that over 47% of jobs in the US will be lost due to AI and robots.

4.) AI Increases Transportation Safety

Image and signal recognition technology is one obvious way that artificial intelligence has affected the auto industry. AI automotive market share reached a jaw-dropping 65% in 2019, and this number will inevitably increase in the coming years.

Traffic sign recognition software is a necessary feature in self-driving vehicles, which helps increase the safety of passengers as well as the roads we all use to travel. The NHTSA has an Automated Vehicles for Safety website which asserts that around 94% of serious vehicular crashes are caused by human error, which AI technology is sure to help reduce.

5.) AI Helps Boost Innovation

Artificial intelligence being used in the automotive industry inherently helps the industry itself become more efficient. Prominent automotive industry and AI industry players are doubling down on strengthening their research and development capabilities, not to mention collaborating with leading enterprises that have been utilizing AI from the start.

AI inherently helps turbocharge technology development cycles, which will result in smarter, more efficient vehicles, not to mention drive new inventions.

6.) Maintenance Prediction Technologies

Instead of vehicle owners finding out about mechanical issues with their vehicles when there is a major problem or a breakdown on the road (or in the driveway), AI is helping the automotive industry with technology that goes well beyond “check engine” lights.

AI can now monitor and analyze thousands of data points in a split second. Artificial intelligence can even detect small and microscopic changes that may be indicative pending failures of a wide number of powertrain components. With the help of AI, drivers and vehicle owners can learn about vehicular damage, wear and tear, and other issues — before drivers are left stranded on the road.

7.) AI is Influencing Vehicle Extras and Features

Artificial intelligence has had a major impact on technology features available for vehicles, including entertainment features, car showrooms, navigation systems (as mentioned above), as well as advanced safety features.

AI also helps vehicle owners report problems and accidents in real time, rather than having to wait to get home in order to make the uncomfortable call to their insurance providers.

Although artificial intelligence will continue to have a negative effect when it comes to human jobs, AI will simultaneously drive innovation and increase the safety and efficiency of the vehicles we use.

New AI-related technologies have exponentially increased automotive industry innovation since being introduced, helping make our lives easier in many ways, despite negative impacts on employment.