“The biggest challenge implementing artificial intelligence is moving from concept to scale. A new report from Deloitte finds that in consumer-related businesses, the challenge is especially difficult because many have large legacy data and analytics platforms, and decentralized data and analytics operations. In the past, marketing systems could only make decisions based on a fixed…
Month: August 2021
How small and mid-size ecommerce retailers can take advantage of AI — without tech giant-level data
“Stuck indoors, shoppers across the world went online in 2020 — and stayed, with sales growing by 28% worldwide. ‘While 9 out of 10 consumers say they expect online shopping to be equal to or better than in-store, half are experiencing crushing disappointment, and almost three quarters of customers say they will abandon a brand…
A digital bank leverages AI to provide robo-advisory to all users
“An artificial intelligence-powered platform designed to enhance traditional mobile banking with seamless crypto integration is about to launch v2 of its mobile application, describing it as an all-in-one crypto-financial solution. The application is said to consist of four main components: a centralized custodial wallet, a non-custodial Web 3.0 wallet, banking and an AI-powered robo-advisor. Kelghe…
The AI Revolution Is Happening Now
“The World Economic Forum attributes the Fourth Industrial Revolution (4IR) to the growth and consolidation of technologies such as artificial intelligence (AI), machine learning (ML), deep learning (DL), the Internet of Things (IoT) and more. AI helps policy underwriters in drafting custom insurance policies that account for the risk and customer lifetime value of an…
Google is doubling down on a powerful new AI tool for Search
“Google wants your search queries to look less like a Jeopardy! answer and more like a chat with your friend—filled with the kind of slang and shorthand only a human would understand. To get there, the tech giant is enlisting a powerful AI tool you all might remember: a large language model, specifically one called…