Application of artificial intelligence technology in the economic development of urban intelligent transportation system

With the rapid development of the social economy and the gradual improvement of residents' living standards, the increasing number of urban cars has exacerbated urban traffic congestion. This article analyzed the application of artificial intelligence (AI) technology in five aspects of urban intelligent transportation systems. Artificial intelligence technology was used in traffic data collection and processing to provide accurate data support for traffic decision-making. A traffic flow prediction model was established for traffic flow prediction and optimized scheduling algorithms were used to dispatch vehicles on congested urban roads intelligently. Artificial intelligence algorithms can be used to optimize urban traffic signal control systems in intelligent traffic signal control; artificial intelligence technology can be applied to develop intelligent driving systems in the fields of intelligent driving and traffic safety; in terms of data analysis and decision support, it can use AI technology to analyze a large number of traffic data to provide decision support for urban traffic managers, and analyze the impact of the application of AI technology in urban intelligent transportation system on urban economic growth. This article evaluated the economic benefits of artificial intelligence technology in urban intelligent transportation systems. The evaluation results show that the total economic cost of the urban intelligent transportation system after the application of AI technology was 2,961 yuan less than before the application of AI technology, significantly reducing the investment cost of roads. This article analyzes the application of artificial intelligence technology in the economic development of intelligent urban transportation systems, which can meet the needs of healthy urban development and ensure road traffic safety.