Ford will spend 1 billion dollars in the upcoming 5 years to reach the goal of the creation of a car not only fully automotive but also including the Artificial Intelligence that will be able to educate oneself.
Ford’s company biggest next goal is set on 2021 when they want to present to the public the autonomous gearless vehicle without pedals and wheel that would be operated by the own ‘brain’ based on the AI technology. Such AI will allow a car to educate and adopt the more precise driving decisions that a human person could actually make. Now Ford’s SAE level 4 autonomous vehicle sees at two football fields in every direction from a car to make a prognosis on the road situation. But such a car still has the operator that sits in front of a wheel to operate a vehicle if anything goes wrong. And it has all the leverages of control too – wheel and pedals. The company wants to step further and to deliver the artificial ‘brain’ to every car that would analyze the entire situation on the road and will allow making the driving experience seamless and driverless. The other goal is to build the fleet of autonomous cars that wouldn’t require human involvement in their traffic work.
To achieve it, the Ford company acquired Argo AI for 1 billion dollars (in money and shares of Ford) that will be deployed in the next 5 years. The management structure of both companies changes due to this:
• Argo AI will have 2 directors from Ford (Mr. Nair and Mr. Casesa), two directors from Argo AI (Mr. Salesky and Mr. Rander, the co-founders of Argo AI) and one independent director,
• Workers of Argo AI will all be the shareholders and will be able to participate in the decision-making process and to share a part of profit,
• Some managers from Ford previously responsible for AI development will move to control over the Argo AI’s software developments, while the things connected to the development of design, hardware, handling the legal issues and marketing will stay at Ford’s side.
As the companies’ representatives say, the work processes fusion as the result of such acquisition will be the unique unity of the Argo AI’s fast pace of growth and development of their software, not limited or restricted, with the highly resourceful experience of Ford in engineering, manufacturing, legal, and commercial sides. Argo AI will hire more than 60 employees to become a company of 100+ people engaged in the software’s development for Ford’s essential needs in AI solely. They stay to operate in Pittsburgh, where their HQ has originally been located.
Ford will commercialize largely the area of self-driving cars adding the AI to the core system of car management on the road. It is estimated that the global result will be the one when people will have an opportunity to wheel the road without the active participation. This will significantly change the way passenger vehicles and delivery transportation work today.