“Microsoft President Brad Smith, I think it’s fair to say that artificial intelligence will reshape the global economy over the next three decades probably more than any other single technological force, probably as much as the combustion engine reshaped the global economy in the first half of the 20th century.” https://www.google.com/amp/s/www.geekwire.com/2019/ai-rising-companies-police-public-already-grappling-artificial-intelligence/amp/
Month: October 2019
Black Friday: The cost of 77 minutes of downtime – IT-Online
Kate Mollett http://linkedin.com/in/kate-mollett-8795a535 “The increasing importance of data adds three very real risks to companies – downtime, compliance and security. The volume of sales fell by 1,4% year-on-year; the first negative annual growth rate since February 2017. On the other hand Black Friday boosted sales to 2,9% year-on-year in terms of volume. Google Trends shows…
What roles will AI play this Black Friday?
“In 2018, Adobe Analytics revealed Black Friday achieved US$6.22 billion in online sales alone while Cyber Monday pulled in a record of US$7.9 billion from e-commerce. But several sources reveal an increase of 20 percent in conversion rate when live chats are available. On Black Friday 2018, a bill titled Stopping Grinch Bots Act was…
Investment firm BNY Mellon eyes Indian start-ups in AI, ML to digitise operations
“BNY Mellon is going through a complete digital overhaul following Regelman’s appointment as the head of digital at the 235-year old company. Regelman has chalked out a three-bucket strategy to achieve what he refers to as ‘digitising the very bank’. The strategy includes use of AI and robotics to automate reconciliation, client on-boarding, and new…
Outback Steakhouse is Piloting An AI And Surveillance Video System
“The company is using a product called Presto Vision, a tool built specifically for restaurants, that, according to a statement, ‘uses discreet cameras placed in the restaurant lobby and other areas where hosts, staff, guests, and other individuals are automatically tagged in real-time and their motion analyzed.’” https://www.inc.com/gene-marks/outback-steakhouse-is-piloting-an-ai-surveillance-video-system.html Image credit: GETTY IMAGES