<ul><li>Australian Catholic University researchers have developed a new AI-powered camera system called MonoFG, which could make self-driving cars more affordable and safer.</li><li>Unlike current self-driving systems that rely on expensive sensors like LiDAR, MonoFG uses a single monocular camera at a significantly lower cost of around $300 per unit.</li><li>MonoFG delivers high accuracy, real-time performance, and can react faster than the average reaction time of a human sprinter.</li><li>With its ability to detect pedestrians, cyclists, and vehicles, MonoFG can help reduce the risk of accidents and increase public trust in self-driving cars.</li></ul>

New low-cost AI camera could make self-driving cars affordable

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