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'The goal is to do away with the tragedy of car accidents,' he told reporters. Toyoda, ranked by Forbes in this year's 'powerful people' list as the most powerful Japanese, said he looks forward to working with Pratt because they share a vision. The maker of the Prius hybrid and Camry sedan is on track to sell about 10 million vehicles around the world this year. On Thursday, it kept its profit forecast for the fiscal year through March 2016 unchanged at 2.25 trillion yen ($18.5 billion), as profit rose on cost cuts and the benefits of a weak yen. Toyota, which has gone through troubled times with massive recalls and the 2011 tsunami in northeastern Japan, has the cash these days to invest in the future. 'The rapid adoption of advanced technology for the purposes of autonomous driving and connected car services means car companies have to act more like tech startups than traditional automakers,' said Karl Brauer, senior analyst at Kelley Blue Book. Toyota Motor Corp.'s Executive Technical Advisor Gill Pratt delivers a speech during a press conference on artificial intelligence in Tokyo. Wooing talent is crucial because not only are automakers such as General Motors, Tesla and Nissan competing on autonomous driving but outsiders are as well, including Google, Apple and Uber.

The new company will be hiring researchers and engineers, according to Toyota.

He said coming up with a car as smart as a human being will take a long time.īut that also meant the competition had just begun and no one was ahead significantly. Pratt, who grew up on Japanese robot animation and dreamed of one day building such robots, said he chose Toyota over other jobs because it was 'so focused on social good.' He gave three examples from his personal life that motivate him to develop robotics and related technology: when he was a child, seeing a boy on a bicycle killed by a car telling his 83-year-old father he could no longer drive and sending his father to a nursing home when he was 84.

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Pratt said the company's goals are to support older people in their homes with robotics, make cars free of accidents and use AI to allow all people to drive regardless of ability. He joined Toyota as a technical adviser when it set up its AI research effort at Stanford and MIT. Toyota has already shown an R2-D2-like robot designed to help the elderly, the sick and people in wheelchairs by picking up and carrying objects.