We’re already deeply connected to the cities we live in and visit. With our smartphones, we can quickly get information about what’s happening around us whenever we need it. We can summon cars to take us where we need to go, efficiently navigate to our destinations, learn what areas to avoid and more.
But imagine if the information that technology gathers could be used proactively instead of reactively. It’s already happening. With driverless cars and cameras and sensors equipped with artificial intelligence and more, cities are becoming much safer.
Many believe widespread adoption of driverless cars equipped with machine learning AI could almost entirely eradicate deaths caused by vehicles. This makes sense. With driverless cars operating together seamlessly on city streets and human error removed from the driving equation, riders, pedestrians and bicyclists will all be safer in transit.
And while government agencies have limited budgets, predictive AI could help put those dollars to better use and even anticipate or prevent future problems. In theory, AI can better prepare residents of large cities for disasters by effectively allocating resources and guiding evacuation efforts when necessary.
Finally, widespread use of sensors and cameras in cities equipped with analytical AI technology will be able to locate missing persons, actively notify residents of nearby emergencies, alert police to crimes, send out more accurate traffic alerts and further other safety-focused initiatives.
Earlier this year, NVIDIA, a technology company headquartered in Santa Clara, California, unveiled a deep learning intelligent video analytics platform called Metropolis in an effort to make further use of the hundreds of millions of surveillance cameras installed all over the world. It’s estimated that there will be a billion cameras installed in the world’s cities by 2020, and with Metropolis AI analyzing that video data, public safety, traffic management and resource optimization will vastly improve.
Safer cities with improved infrastructure and transportation will open entire neighborhoods and outlying areas to new development. Plus, once currently dangerous cities become safer, they could expand as a result of more residential interest, shifting populations away from smaller suburban towns.
Are you interested in learning more about artificial intelligence and its impact on the CRE industry? Download our resource: Demystifying the future of artificial intelligence.