Artificial Intelligence Will Monitor Cities’ Aging Infrastructure
Artificial intelligence-based analysis of the imagery from aging bridges and tunnels will detect and alert the authorities before their collapse.
In New York, a report by national transportation research nonprofit TRIP found that 10% of 17,521 locally and state-maintained bridges had been as “poor/structurally deficient” by the Federal Highway Administration (FHWA). Aging bridges and tunnels, not in good condition, can be extremely hazardous. The report revealed that more than 11 million vehicles pass over structurally deficient bridges in New York daily.
However, artificial intelligence can provide advanced warning of an imminent collapse and save lives.
Dynamic Infrastructure uses AI and real-time imagery analysis
Dynamic Infrastructure is a startup based in New York and Tel-Aviv.
It has devised an AI-based system that broadcasts live, cloud-based, 3-dimensional images of the bridge or tunnel. The system can also detect and alert the infrastructure agency in case of any dramatic and adverse change in the condition of the bridge.
The Dynamic System creates a past database, a so-called “medical history” of the bridge using current photographs taken during inspections. Later, live images link to the older ones to detect any defects.
“The world faces an infrastructure crisis,” says Saar Dickman, co-founder and CEO of Dynamic Infrastructure. “Specifically, deficient bridges and tunnels represent a severe infrastructure challenge in the U.S. and worldwide, and their poor condition leads to life losses and millions in unplanned expenditures.”
America’s infrastructure, including aging bridges and tunnels, is decaying
America’s infrastructure is desperately in need of investment, according to the American Society of Civil Engineers. The ASCE estimates the US needs to spend some $4.5 trillion by 2025 for infrastructure. These projects would include the repair of the country’s roads, bridges, and dams.
Finally, in its 2017 Infrastructure Report Card, the ASCE rated US infrastructure at a D+ grade.
“Till recently, there has been no effective system that can quickly and precisely identify defects in bridges throughout their lifetime,” says Dickman. “We are bringing the data revolution to the decision-making process of bridges and tunnel maintenance based on our cutting-edge imagery analysis.”
[Related Story: An ETF To Take Advantage Of “One Of The Largest Infrastructure Build-Outs In History”]
Latest Alternative Investment News
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…