IIC Journal of Innovation 11th Edition | Page 68

So, you think you have an AI strategy? Think again. A study 17 by the University of Michigan and Ford indicates a 9% net reduction in energy usage and Green House Gas (GHG) emissions for the base case from an ICE-AV. As DMV.org implies in their analysis, 18 inefficiencies are due to the limited integration of technologies and the high- power consumption from computing required to process the sensing and navigation. As these technologies decrease in costs from economies of scale then the GHG should decrease even more for ICE - AVs. mass adoption of Cloud computing (i.e., 15- 20 years). Step 5 - What is the impact of AV to environment and energy? Given the converged view of the ecosystem, how it may evolve and growth prospects, we can now look at the impact of AVs to a variety of social factors, starting with environment and energy. We will now look at internal combustion engine powered vehicles (ICE-AVs) and electric or battery powered vehicles (EV-AVs). Figure 8: Net Benefits of an ICE - AV order of magnitude lower than the cost of service of present-day Manhattan taxis. EV- AVs will also be $0.05−$0.08/mi lower than a fleet of hybrid or ICE-AVs. They estimate Another study 19 by UC-Berkeley finds the cost of service provided by a fleet of EV-AVs will be $0.29-$0.61 per revenue mile, an 17 https://pubs.acs.org/doi/10.1021/acs.est.7b04576 18 https://www.dmv.org/articles/environmental-effect-of-self-driving-cars 19 https://pubs.acs.org/doi/abs/10.1021/acs.est.7b04732 IIC Journal of Innovation - 64 -