Tag: AI

A Look at the AI Economy for 2020

The ways artificial intelligence are applicable to businesses are broadly universal. For example, machine learning technology can enhance manufacturing, supply chain, and transportation operations, using custom models and AI-based software to perfect efficiency, discover each department’s loss value, and even reduce waste. What better way to ring in the new year than enhancing your business?    Oddly, more than half of business leaders (60%) are eager to find a reason …
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AI and the Future of Consumer Goods

Use of AI in department stores, apparel, footwear, food, grocery, and home improvement has increased by 600% in just 2 years. This AI is used mostly for the operations side of businesses, but the 26% that is used for customers can solve all kinds of issues that are facing customers, such as improving customer satisfaction, reducing complaints, and lowering customer churn. And by 2021, it is expected that customer service …
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Managing Your Reputation With AI

Buying online in recent times has become an easy and quick way to get nearly anything you want, but lots of products aren’t as good as advertised. So the vast majority of consumers typically read the reviews of a product when considering a purchase. This means that if your product isn’t well received and gets bad reviews, it can drag your whole business. Reputation of your business can affect more …
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AI: From Science Fiction to Reality

Most people love science fiction. Whether it be Doctor Who or Star Trek, science fiction has become a big part of our culture and we’ve all wanted the tech that’s featured in the shows or movies but that’s the thing – it’s fiction. Though soon technologies from science fiction may become real and some of them already are real and are being used today. In 1977, Doctor WHo introduced K9, …
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