in ,

The Rise And Impacts Of Artificial Intelligence – Rail, Road & Cycling

Today, it seems like everything in our lives has gone digital.
Let’s look at what WIT affiliate expert Scott Steinberg feels
is propelling technological change forward in the world of
artificial intelligence (AI).

Today, it seems like everything in our lives has gone digital;
the pandemic pause created a need for innovations to support the
shift and ignited a wave of innovation unlike any other. That
paired with the rise of artificial intelligence (AI) and elevated
machine learning capabilities are two of the main drivers that WIT
affiliate expert and noted technology analyst Scott Steinberg feels are propelling
technological change forward. During a recent WIT webinar, he explained that
“more and more tasks will be outsourced to self-aware
technology. More and more devices will communicate with one another
and use it as an opportunity to learn from what they see in the
environment to make decisions in real-time.” As these
activities are contracted out to increasingly more intelligent AIs,
the market will begin pushing for more advanced technological
structures to support this integration.

What Will Increased AI Mean to Industries?

With the development of improved artificial intelligence comes
higher levels of deployment. For example, one of the main ways many
of us currently interact with AI is in the form of chatbots; these
connections typically occur in online environments and the
personalities are smart enough to solve human problems with 90-100%
accuracy. Going forward, Steinberg sees artificial intelligence
operating in every environment from factory floors to offices and
chemical plants. But he also acknowledges the fact that AI is only
as capable and fallible as its creators are, and it will be subject
to subconscious bias. To mitigate this, AI needs to be trained with
millions of situational examples as the technology gets smarter
with the more data it can examine.

But no matter how much information you feed it, artificial
intelligence is still just like humans; it’s never going to be
able to account for every situational variable. Training with
historical data makes the technology predisposed to certain
problems, but going forward, this technology is going to be
powerful enough to create its own AI routines. And because AI can
more rapidly spot patterns and process information faster than the
human eye, we’re only going to outsource more tasks.

Since we are going to be trusting artificial intelligence with
more important tasks, it is imperative to remember that it is still
fundamentally a piece of computer software. Steinberg laments that
“After 25 years in the technology business, I have yet to meet
a single piece of computer software that didn’t contain
glitches or loopholes and, for that matter, that is only going to
be more subject to things like hackers, thieves, and outside
infiltration or influence going forward. [This] presents a lot of
potential challenges. As we move to a digital world, we really cede
a lot of control to technology that we might have in the real

Self-Driving Cars and AI

With autonomous vehicles slated to become widely
available within the next few years, it is important to look at how
AI will play a role in propelling this technology forward.
Steinberg feels that there is going to be a lot of advancement in
this space as more manufacturers begin implementing AI software;
Tesla already has some self-driving capabilities built-in, fleets
of autonomous trucks are hitting the road in droves, and in the
next few months, he sees cities deploying entire networks of
sensors that can speak with vehicles intelligently. These networks
will be built on the back of 5G, allowing the devices to communicate what
objects are on the road and where- ultimately transforming the cars
to function more like computers. He states, “It used to be
about steel but going forward, the vehicle of tomorrow really will
be about silicon.”

An increased level of connectivity will create more complex
vehicles with AI, real-time sensors, 3D cameras, and more all
communicating, bringing on its own set of concerns. But more
importantly, it also creates greater safety and security

In fact, in terms of security, Steinberg thinks of the vehicles
utilizing this technology as an extension of your personal
computer. He sees issues arising with hackers, lockouts,
ransomware, and more. What happens if someone locks you out of your
car or worse, begins altering your trip to send you to an
undisclosed location making YOU the ransom? Any computer system, no
matter how powerful, is going to be subject to errors, technical
hiccups, and, of course, outside compromise.

This pushes us to examine the safety of this software; is a
self-driving vehicle going to crash less than a human driver would?
And how can people ensure that their car will continue
communicating with other devices on the road? Automakers have
already reported around 400 crashes in a little under a year after The
National Highway Traffic Safety Administration required the report
to help them assess the risks and trends associated with partially
automated driver-assist systems. technology. Steinberg wonders how,
if a car is a computer, manufacturers will implement the necessary
software updates needed to guarantee that their vehicles will
continue working in sync with others on the road. This level of
complexity will make it more difficult to keep things moving
forward in a time where computers think at a much faster rate than
humans. So how can we begin regulating this activity?

So What’s Next?

Potential Litigation

From a legal standpoint, this will raise issues with the parts,
pieces, and technologies that go into these vehicles. Who is liable
for the complications associated with these technologies? Who is
responsible for setting standards for AI and vehicles? And lastly,
who will be thinking about the way these complex systems interface
with one another to ensure the safety of drivers, products, and
valuables? Steinberg feels that “technology really kind of
rockets ahead and oftentimes, we have to play catch up. We struggle
to think about the potential applications, use cases, and scenarios
that these advancements may present, at least from a legal
standpoint.” And with this comes the opportunity for disputes
on a multitude of fronts.

Impending Regulations

It’s too early to say how manufacturers can prepare for
developing markets as there will be automakers, technology
companies, software providers, hardware creators, and the
government all participating in the creation of them. There are
currently no major governing laws that are geared to help with the
integration of AI and technology, amplifying the potential for
conflict among parties from differing industries. He details that
“There’s a big “mod” [modifications or upgrades
to assets] culture around cars and upgrades that are going to
impact the on-road experience. What’s going to happen with
resell and the transfer of data that’s going to reside in that
car when you bring it to a new owner? On top of that, you’re
also going to have to wonder if you have different states cracking
down in different ways on the way the technology exchanges
information and what types of data can be traded.”

In order to help push regulations forward, Steinberg feels that
we are going to need more participation in this conversation from
industry thought leaders; this way, they can work alongside the
government to keep up with all of this change. In his opinion,
“We need advisory boards, we need experts, we need to get many
voices at the table. But we really need to be having a lot of these
conversations at the highest levels, a lot more frequently and a
lot sooner.”

Stay tuned for more insights from our conversation with WIT
affiliate expert Scott Steinberg. Mr. Steinberg ishailed as one of
the world’s most celebrated futurists and strategic innovation
consultants. He has been featured in hundreds of media outlets from
CNN to TIME toThe Wall St. Journal, with the Fortune 500
calling him a “defining figure in business and
technology” and “top trendsetter to follow.”

Next in this series, we’ll cover innovations in wireless technologies and the implications of
these advancements on the market.

Learn more about our top industry and technical experts in automotive technology.

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

Source link

What do you think?

How artificial intelligence is transforming insurance underwriting

New exhibit at Seattle museum explores origins and potential of artificial intelligence