- “JD.com, one of the biggest eCommerce retailers in China, has teamed up with Google to launch a store on Google Express, according to a report by Reuters.
- The site is called Joybuy and currently offers everything from shoes to electronics to hair extensions. A majority of the products are under $100 and from brands with less exposure.”
- “Demand for workers in artificial intelligence (AI) has increased by up to 119% in the past three years
- Contrary to popular belief, AI isn’t replacing humans in tech; rather, at this point, it is creating more jobs.
- Microsoft has the most open AI jobs available currently, totaling 1,964 positions, which is 36% of all open jobs at the company, the report found.
- NVIDIA came in second place, with 369 available AI jobs, assuming 33% of the company’s total open jobs.”
“According to Martechtoday, Ocado reportedly planned to spend £175 million ($232 million) for its robotics and automation system this year, Amazon committed $5 billion in its tech investments in India alone, and Alibaba is looking into pouring $15 billion into research and development spending over the next three years. Forrester Research (PDF) predicts that AI-related investments will grow by about 300 percent in 2017, with businesses becoming more competitive by 2020 and gaining $1.2 trillion per year.”
“According to Techemergence, after implementing this new initiative, a number of online orders reached 1.26 billion in 2015 (double the amount of orders in 2014) and approximately 85 percent of those orders were delivered within two days.”
“It’s customer service chatbot processeses 95 percent of customer inquiries, both written and spoken ones, and it is very powerful now.”
“Right now, with their Rakuten Institute of Technology, they are able to analyze their 200 million products to forecast sales with a high degree of accuracy.”