“Research has shown that excessive emails represent the second most prevalent impediments to workplace productivity (behind wasteful meetings). Indeed research by McKinsey has revealed that, by 2030, approximately 14% of the global workforce may need to change occupations due to rampant advances in AI According to research by the World Economic Forum, advancements in AI…
Month: November 2019
Austin retail tech startup Pensa raises $10 million
“Austin startup Pensa Systems has raised $10 million in funding to help the company speed up the deployment of its retail inventory technology. The company, which was founded in 2016, builds predictive technology for retailer shelf space.” https://www.google.com/amp/s/www.statesman.com/business/20191119/austin-retail-tech-startup-pensa-raises-10-million%3ftemplate=ampart
Sephora, Kiehl’s, Vichy and Bobbi Brown are using ‘virtual advisors’ to drive ecommerce
“In 2018, Gevelber shared that “over the past two years, mobile searches with the qualifier ‘for me’ have grown over 60 percent … Finding what we want and need in this world of infinite choices can be a challenge.” Skincare marketers have identified this trend and have started to leverage AI to provide personalized advice…
I Let AI Choose My Outfits for a Week. Here’s What It Did to Me
A.I. use is still rising globally, but most firms’ tech isn’t yet close to ‘real’ intelligence
“Worldwide, some 14% of companies have already deployed some form of it in their processes or products, up from 4% a year ago, according to Gartner. In China, 14% of firms have embraced AI tech, an IBM executive said this week. Businesses are expected to spend as much as $97.9 billion annually on AI projects…