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LotLinx Weekly News Vol. 69: Don’t Knock AI Until You Try It

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LotLinx Weekly News Vol. 69: Don’t Knock AI Until You Try It

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This week, AI-based robotics are changing the manufacturing game, while consumers rethink their feelings toward the emerging technology. Plus, catch up on July sales numbers for both domestic and foreign brands.

 

FROM AUTOMOTIVE NEWS: July Sales Results: It’s Anybody’s Estimate

Winning streaks from leaders like Hyundai and Subaru contributed to July’s 1.3 year-over-year sales increase, but predicted declines from Ford and FCA have brought the SAAR under 17 million for another month.

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FROM FUTURE IoT: Making the Case for Robots in the Factory

The U.S. only uses 7% of the world’s robots, but gradually incorporating AI can expand the functionality and efficiency of machines while allowing employees to comfortably move up the ranks into more impactful roles.

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FROM BLOOMBERG: Foreign Brands Show Hope for First 2019 Gain: Auto Sales Update

While Detroit’s big three no longer report monthly sales numbers, each of their foreign counterparts (excluding Nissan) saw signs of positive July gains – led especially by mid-size SUV sales.

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FROM FORBES: Artificial Intelligence (AI) Stats News: 50% of Americans Optimistic and 50% Fearful About AI

According to an array of surveys, the multi-billion dollar AI industry remains elusive to many consumers – with only 26% of respondents realizing they already interact with AI every day and 50% unsure if the technology is positively impacting them.

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