Media
Consumer Trust in AI-Powered, Voice-Enabled Assistants Grows
As time-pinched Millennials and Generation Z grow spending power, the need for efficient shopping platforms continues to rise. According to research conducted by SAP Hybris, 64 percent of consumers trust in-home assistants to purchase electronics due to the convenience the devices offer."As These technologies will not be successful on their own, however -- they will need a rich set of customer data in order to make relevant recommendations and be truly helpful."To The findings are relevant for more than holiday spending habits. The survey findings signal a large shift by consumers to rely on AI -- from chatbots to voice-activated assistants -- to complete shopping tasks.
Artificial intelligence: Machines that pack a punch
Expedia CEO Mark Okerstrom says the company is able to handle large amounts of data on the fly, servicing 1.6m customers daily. Expedia handles 750m searches a day, and is able to scan 3m hotels in a second for personalised results. When one considers applications of technology that range from voice-powered personal assistants like Amazon's own Alexa to autonomously powered self-driving vehicles with predictive capabilities it becomes easier to see how AI could allow the machines to take over. Computer-aided interpretation of medical images, heart-sound analysis and even the composition of classical music by means of AI are just some of the advances in the field. AWS recently unveiled at least five new machine-learning tools, many of them intended for businesses.
Three Ways Artificial Intelligence Is Improving How Companies Do Business
In 1961, the world's first industrial robot clocked in at a General Motors plant in Trenton, New Jersey. The 4,000-pound mechanical arm, named Unimate, was designed to weld cars and lift big pieces of metal. The robot was a huge success--even landing a spot on the Tonight Show with Johnny Carson. Get the latest from Kellogg Insight delivered to your inbox. Almost sixty years later, the emergence of artificial intelligence (AI) has seen machines leap from physical to mental labor.
Frankenstein: Behind the monster smash
This year marks the 200th anniversary of the publication of Mary Shelley's classic novel Frankenstein - first printed on 1 January 1818. Shelley came up with the idea at the age of 18 after being challenged by romantic poet Lord Byron, while in Switzerland, to construct a ghost story. The results were to have a monumental impact. This was the kernel from which the story of Frankenstein would emerge. The novel - originally published without Shelley's name - received mixed reviews, but came into prominence after being picked up and re-versioned by theatre companies a few years later.