Tag: Retail Industry
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Future of AI in Retail: Moving Beyond Chatbot Hype
As the retail industry becomes more reliant on artificial intelligence and automation, there are various forms of AI that can benefit retailers, not just ChatGPT. Automating manual tasks and offering secure self-checkout systems are among the many ways AI can provide value to customers. However, it's crucial for companies to use AI ethically, and for governments to protect and educate their citizens. Stay tuned to see how retailers experiment with AI to offer personalized shopping experiences while also providing real value to their customers.
The Future of Retail: Machine Learning and AI Integration in EPOS Systems
Discover how the retail industry is utilizing artificial intelligence (AI) and machine learning in Electronic Point of Sale (EPOS) systems to gain insights into customer behavior, optimize pricing, and enhance operational efficiency. The integration of these technologies is revolutionizing the retail landscape and empowering retailers to thrive in the digital age.
Competition Concerns in the Era of Artificial Intelligence
Discover how AI is changing the game for antitrust laws, and why it's vital to have an experienced antitrust lawyer on your side. Learn more with Perkins Coie.
Extenda Retail AB Launches Loss Prevention Engine Using Machine Learning to Tackle Self-Service Retail Challenges
Extenda Retail, a Swedish tech company, is shaking up the FMCG retail industry with its innovative Self-Service and Loss Prevention (SSLP) system. This real-time solution utilizes the latest ML technologies to prevent shrinkage worth over $100 billion and increase operational efficiency with customer-centric personal experience.