Posted by Dr. Georges Aoude, CEO and Co-Founder at Derq
It’s reported that road collisions kill approximately 1.3 million people and injure tens of millions more every year [1]. It is of the utmost importance to leverage the advancements in various technologies including artificial intelligence (AI) to address this hidden, global epidemic. The use of V2X (vehicle-to-everything) enables communication between vehicles, as well as between vehicles and roadside communication systems for road safety. In fact, within three to five years, this will be a factory feature on almost every vehicle. In addition, various sensor technologies including cameras powered by AI are enabling transportation agencies to better understand roadways than ever before with applications ranging from accurate traffic counts to predicting spots on roads that are most prone to incidents. It’s even predicted that the global intelligent transportation system (ITS) realm is expected to rise to an estimated value of over $63 billion by 2026 [2].
Autonomous vehicles (AVs) operating within communities as shuttles is one example of this technology currently being used to improve safety. For example, AVs and roadside AI platforms “communicate” with each other to improve traffic flow and help protect both pedestrians and vehicle riders. Pedestrians and hazards are detected by traffic cameras, which are then processed by the AI “brain” in real-time to send alerts back to the vehicle. This means an AV would get notified of a pedestrian or potential road hazard before it even comes into view.
Current And Future Utilization of AI Technology For Safer Roads
Volkswagen announced in 2020 that it intended to install the V2X antennae in the newest generation of its Golf model [3]. Ford also plans to deploy C-V2X technology in all new 2022 vehicles [4]. In Dubai, the goal is to have 25% of its transportation autonomous by 2030 [5]. One issue that remains is that today’s road infrastructure is not ready to support AV deployments. There is a clear technology gap that needs to be filled to open the door for additional opportunities for innovative solutions. However, many road agencies, such as the Departments of Transportation in Michigan (MDOT), Florida (FDOT) and Ohio (ODOT & DriveOhio), are working to make road infrastructure smarter to help save lives by deploying AI enabled traffic systems. This technology also helps these agencies prioritize infrastructure investments and improve their road safety.
Technology companies like Miovision, Waycare, Derq and Lyt are all playing a vital role when it comes to AI being incorporated with road infrastructures. They’re leveraging technology to prevent traffic fatalities and sharing their platforms with various agencies to ensure open communication and information. Collaborating with transit authorities and law enforcement is just the beginning for what’s to come regarding safer roads. Some of these analytics platforms are partnering with automotive companies and cities to provide their AI-powered systems to enable safer and smoother deployments of autonomous vehicles.
AI Technology and Analytics Expanding To Other Industries
With so many industries are already incorporating AI technology into practice, more industries are sure to follow as the technology and reporting continues to advance. The automotive insurance industry can leverage AI with video analytics to streamline claims management. Utilizing AI technology will supply insurance companies with more complete information for processing as well as save them both time and money.
There’s no question that the implementation of AI into various other industries is sure to come as those currently utilizing the technology continue to analyze data that had previously never been available.
Sources:
1: https://www.who.int/news-room/facts-in-pictures/detail/road-safety
2: https://www.mccourier.com/global-intelligent-transportation-system-its-market-recent-industry-trends-and-projected-industry-growth-2020-2027-top-players-thales-group-siemens-garmin-ltd-cubic-corporation-ef/
3: https://www.cnet.com/roadshow/news/volkswagen-new-golf-cars-will-use-v2x-to-talk-to-each-other-wirelessly/
4: https://www.smartcitiesdive.com/news/ford-cv2x-tech-new-vehicles-2022/545412/
5: https://edition.cnn.com/2020/01/21/middleeast/technology-reduce-traffic-accidents-intl/index.html