Artificial Intelligence Creates Immense Potential for Innovation and Growth in the Car Industry

LONDON, April 6, 2016 /PRNewswire/ — Artificial Intelligence (AI) and Digitisation will change the future of cars, challenge traditional business models and create immense potential for innovation. In future, cars will be cognitive – not only will they recognize 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. It is around these subjects that Frost & Sullivan’s Intelligent Mobility event – taking place in London on the 28th and 29th of June – will evolve.Today, there are 4.4 million taxis globally. In 2020 this number is expected to reach 5.5 million. Once the commercialisation of autonomous driving kicks in, the taxi market has the potential to double. This would…


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