Elon Musk Makes Big Announcement at World AI Conference 2023
Category Technology Sunday - July 9 2023, 19:42 UTC - 1 year ago Elon Musk spoke today in a video at the World AI Conference 2023, saying that FSD will be released at the end of the year and they will be licensing the technology to other car companies. He also praised China’s AI capabilities and expressed high hopes for the near future of self-driving cars.
Elon Musk spoke today in a video at the World AI Conference 2023. He said FSD will be officially released at the end of this year, and he said Tesla would be happy to license self-driving technology to other car companies. Musk mentioned that while Tesla has already released limited self-driving features such as AutoPilot and Auto Summon, FSD will focus more on safety than comfort as the priority in its development .
He also praised China’s AI capabilities, as according to Global AI Statistics, China is expected to have 25% of global AI market share by 2025. According to internal estimates, Tesla is expected to be investing 40 billion USD in AI and Automation in the next 4 years. Musk said that self-driving tech being in use for the masses is only a few years away – 2024 to expected. Musk’s statement of Tesla licensing tech to other companies has made some experts question whether a new wave of autonomous vehicles will soon be gracing roads of the world .
Tesla will not only make FSD capabilities available for other car companies, but the company is also collaborating with other companies through a licensing system to share the technology. It’s expected that self-driving capabilities will be available even to low-priced vehicles. While many have speculated that self-driving technology has lagged a bit, Elon Musk has provided a glimmer of hope by reasserting the expected launch date for FSD .
FSD could soon become a reality, provided there are no major technological roadblocks. Considering the amount of resources and personnels Elon Musk and Tesla are dedicating to this project, it will be reasonable to believe that the technology will be made available for mass use in the near future.
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