How can auto_increment be used in MySQL to automatically assign incremental values to a column?

Auto_increment in MySQL can be used to automatically assign incremental values to a column by setting the column as an auto_increment primary key. This will ensure that each new row inserted into the table will be assigned a unique, incremental value without the need for manual intervention.

```php
CREATE TABLE example_table (
    id INT AUTO_INCREMENT PRIMARY KEY,
    name VARCHAR(50)
);

INSERT INTO example_table (name) VALUES ('John');
INSERT INTO example_table (name) VALUES ('Jane');
INSERT INTO example_table (name) VALUES ('Alice');

SELECT * FROM example_table;
```
In this example, the "id" column is set as an auto_increment primary key, so each new row inserted into the "example_table" table will automatically be assigned a unique incremental value for the "id" column.