“While retail sales have been recovering since the pandemic hit, fashion is still struggling. A September article from Deloitte found general retail sales have been recovering since they dropped 14.3 percent in April. In July, sales increased 1.2 percent to about $391 billion. However, the fashion sector has suffered more than most, with retail sales…
Month: October 2020
The 2020 data and AI landscape
“Some noteworthy developments:The year of NLP Transformers, which have been around for some time, and pre-trained language models continue to gain popularity. These are the model of choice for NLP as they permit much higher rates of parallelization and thus larger training data sets. Google rolled out BERT, the NLP system underpinning Google Search, to…
Gartner’s top 10 strategic predictions for “resetting everything” in 2021 and beyond
“By 2025, traditional computing technologies will hit a digital wall forcing the shift to new paradigms such as neuromorphic computing. Current computing techniques will not be enough to allow CIOs and IT executives to deliver critical digital initiatives by 2025. Artificial intelligence (AI), computer vision and speech recognition will be used everywhere, and general-purpose processors…
Why do so few businesses see financial gains from using A.I.?
“Is artificial intelligence giving a big bottom-line boost to most companies? No is the resounding answer, according to a new study out today from the Boston Consulting Group and MIT Sloan Management Review. It found that only 10% of businesses have seen “significant financial benefits”* from increased revenue or cost savings. BCG likes to say…
The State of AI 2020: Breaking Down the Annual Report
“Other predictions: A top tech company will shutter its AI lab in a strategic reset. Google’s DeepMind will make a breakthrough in biology-drug discovery, while Facebook will make one with computer vision and AR/VR. An AI-first drug discovery startup exits for $1+ billion.” https://www.google.com/amp/s/www.morningbrew.com/emerging-tech/stories/amp/2020/10/19/state-ai-2020-breaking-annual-report%3famp=1