When President Trump signed an executive order on Monday to boost the role of artificial intelligence in the United States, the AV industry took yet another incremental—but not necessarily insignificant—step forward. While nowhere in the 10-page American AI Initiative are autonomous vehicles mentioned, nor even the word transportation included, those in the industry took notice. What does the executive order mean for the AV industry?
With traditional automakers and tech-companies continuing to develop AVs, venture capitalists are increasing their attention and investment activity in our industry. Likewise, traditional automakers and large tech companies have acquired AV-tech startups as competition for key personnel, technology, and first-mover advantage increases.