The ultimate aim of Artificial Intelligence is to provide machines the ability to operate autonomously. One such area which is projected to grow exponentially over the next decade is Autonomous Vehicles. With Artificial Intelligence coupled with the rapid advances in electronics and computer technology, the word driverless will soon take over the roads. One such …
25 Autonomous Vehicles Influencers to Follow by 2020 Read More »
Imagine this common scenario: A car pulls up to a red light at a four-way intersection. When the light turns green, the vehicle subsequently accelerates through the intersection. However, there is an oncoming car being driven by a distracted person, preparing to make an illegal left through the red light. Due to the lack of …
How Autonomous Vehicles Mitigate Distracted Driving Read More »
Currently, society faces numerous transportation inefficiencies. Due to traffic, the individual loses over 50 hours of productive time. In addition to this, the average motor vehicle accident can cost up to over a million dollars based on the severity. Through subsequent increased insurance and potential legal fees, consumers unmistakably bare a significant burden. Lastly, people on average spend several …
In 2016 alone, Americans took over 10 billion trips via public transportation, a number that has steadily increased over the past few decades. On a global scale, over 200 billion trips were completed in 2015. Clearly, these numbers show that public transportation is one of the most common means of mobility in our society today. Unfortunately, public transportation, particularly …
Last mile delivery (LMD) is a critical segment of the logistics industry. The size of LMD was valued at over 30 billion dollars in 2018, and will grow significantly through 2025, where it is projected to be worth over 60 billion dollars. However, LMD faces severe inefficiencies, costing firms a significant amount of revenue annually. Today, …
Autonomous vehicles (AV) are poised to optimize various different industries. With humans no longer acting as drivers, companies that rely on transportation are able to cut costs and maximize profit margins. Let us delve into how AVs can aid the supply chain industry – a segment that is critical for economic success. According to Freight Waves, …
One of the biggest problems faced by the transportation industry is road congestion. In 2019 alone, the average American lost approximately 100 hours of productive time due to traffic. The opportunity cost of this lost time, and resulting burden placed upon society, is massive. On the micro level, the negative effects of traffic include wasted time, stress and frustration, …
The rapid evolution of the smartphone over the last 20 years rendered dominant players, such as Motorola, Blackberry, and Nokia, obsolete – they could not recognize the industry shift to a platform model, the rapid pace of innovation, the emergence of the app ecosystem, and a resulting change in the revenue mix. By 2000, Nokia accounted …
Imagine this common scenario — you’re driving in your neighborhood, approaching a four-way stop sign. You stop and check your surroundings, and just as you begin to accelerate, you see another car coming toward you, fast, making an illegal left turn! By the time you’re able to brake, you’re in a T-bone collision. T-bone collisions …
How Autonomous Vehicles Mitigate T-Bone Collisions Read More »
On average, assuming 50 years of driving, people traverse over 650,000 miles. Although humans are driving more than ever, on average, a driver only experiences 4 car accidents throughout his or her life. Clearly, these accident scenarios are tiny in proportion to the majority of normal situations encountered on the road – they are the 1%. However, although small …
How Self-Driving Cars Will Eliminate the Fatal “1% Scenarios” Read More »
