How Artificial Intelligence is Revolutionizing Automotive Industry?
We all know that Artificial Intelligence is affecting almost every phase of our life. The applications are also found in the Automotive Industry as well. It is not just about self-driving cars; rather, AI has much more to offer you. The fact is that this technology has a huge potential to keep us safe, connected, and scheduled for healthy routines.
Stats reveal that the value of AI for automotive manufacturing may rise by $10.73 billion in the year 2024. Now, some of you might be curious to know how AI is affecting the current Automotive industry. Well, below we have highlighted a few ideas to update your knowledge base.
How Artificial Intelligence is revolutionizing Automotive Industry?
- AI to improve Driving Features:
The cars powered with AI have two levels of functionality; they can be fully autonomous or driver-assist type. When we talk about driverless automobiles, they use the power of AI to handle entire processing power. The muscular actions and mechanical events can be eliminated. At present, two companies have succeeded in developing driver-less cars; they are Tesla and Google. The second option in the list is a driver assist feature that ensures a higher level of safety for the drivers on the road. These vehicles are more comfortable and easier to use.
- AI-enabled Cloud Services:
The AI-powered cars are loaded with a variety of sensors. They can provide quick alerts with engine lights, low battery indicators and oil lights. The entire operation of the vehicle is controlled by a cloud system and users can avail continuous updates about the health of the vehicle. It is possible to detect the failures before the vehicle enters into the state of failure.
- AI for Automotive Insurance:
AI can also serve the automotive insurance industry. As AI makes risk assessment much easier, the insurance companies and customers can stay happier. AI-powered driver risk assessment and DIY auto claim options make the process quite easier.
- AI for Car Manufacturing:
It is also possible to use AI for manufacturing processes in the big production plants. The robots in the assembly line could reduce the time taken by manual processes, and they ensure higher accuracy in design as well. There is no need to design several prototypes; rather, the simulation algorithms can be used to create perfect models for customers.
- Driver Monitoring with AI:
AI also helps in road safety and traffic management. It can keep an eye on the driver and the road as well. The powerful AI solutions can detect driver behavior with ease. These systems are also useful for driver identification, driver recognition, and regular monitoring as well.
With all such benefits, AI is giving new hopes to the automotive industry, and it has huge potential to take this sector to a whole new level. You can expect many more advancements in the near future that may revolutionize the concept of transportation by a considerable level.