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10 Ways Artificial Intelligence Helps Business: Uses & Examples

#artificialintelligence

The importance and uses of artificial intelligence in business are top of mind for leading corporations today. Artificial Intelligence technology benefits big and small businesses as it helps them grow, ensures smarter decision-making, and transforms the field of management. But how exactly AI affects the business world? How AI can help your business growth? Let's start with the definition. Artificial Intelligence is the ability of computers to perform tasks that usually people perform.


Amazon to open full-size grocery store that lets shoppers walk out without having to see cashier

Daily Mail - Science & tech

Amazon is set to open its first full-sized grocery store which will let shoppers walk out without having to pay a cashier. The 25,000-square-foot Amazon Fresh store, located in Bellevue, Washington, is set to open on June 17. It features an array of cameras and sensors that allows customers to skip the checkout line. The Just Walk Out technology uses computer vision, sensor fusion and deep learning to track items placed in a cart or basket, and then tallies up the bill to be paid with the person's Amazon account or designated payment card. The Bellevue location will be the first full-sized store to offer the technology, while also allowing traditional payment methods.


Amazon wants to use robots to make its warehouses safer for its workers

Daily Mail - Science & tech

Amid mounting claims its warehouses, especially those with robots, are unsafe, Amazon is doubling down on technology in an attempt to make them safer. The Jeff Bezos-led company is using its Amazon Robotics and Advanced Technology labs to come up with new robots to keep Amazon's warehouse workers, which make up the majority of its more than 1 million employees, safer. Robots known as'Bert' and'Ernie,' use motion-capture technology. Amazon is using technology to keep its warehouses workers safer, despite claims to the contrary. Bert was designed to navigate Amazon's warehouses independently, becoming one of the Jeff Bezos-led company's first autonomous mobile robots This allows Amazon data scientists to understand what's going on in the warehouse and apply that to a laboratory setting, before going back out to the field again.


Amazon is offering two Echo Dots for $50 in early Prime Day deal

Engadget

Doubling up on Amazon's Echo speakers has its perks. You can pair them together to get stereo sound or use them to create a Home Theatre setup for your Fire TV. To get you to multiply, Amazon is offering two Echo Dots for $50 -- which is how much you'd normally pay for one -- as part of an early Prime Day sale. If you're signed up to Prime, you can grab the discount by using the code PDDOT2PK at checkout. Those seeking even bigger sound, should check out the $120 deal on two Echo speakers, activated with the ECHOPRIME code and also exclusive to Prime members.


The first-gen Echo Show 5 drops down to $45 ahead of Prime Day

Engadget

Amazon's Echo Show 5 just got an upgrade, but if you don't mind missing out on relatively minor additions like a higher-resolution camera, you can pick up the first-gen model at its lowest price to date. Just ahead of Prime Day, the 2019 Echo Show 5 is available for $45. Amazon has been selling the device for $50 recently, but we saw it drop to $45 during Prime Day and Black Friday last year. As the name suggests, Echo Show 5 has a smaller screen than other devices in the lineup at 5.5 inches. It's primarily designed for desks and nightstands.


Amazon hopes more robots will improve worker safety

Engadget

Amazon is once again betting that robots will improve safety at its warehouses. The online shopping giant has offered looks at several upcoming bots and other technologies meant to reduce strain on workers. The company is testing a trio of autonomous robots to carry items with little intervention. "Bert" can freely move around a warehouse carrying carts and goods. "Scooter" (above) carries carts like a train, while the more truck-like "Kermit" hauls empty tote boxes using magnetic tape and tags to shape its path.


An 11-Minute Flight To Space Was Just Auctioned For $28 Million

NPR Technology

Participants sit a Blue Origin space simulator during a conference on robotics and artificial intelligence in Las Vegas on June 5, 2019. On Saturday, Blue Origin announced that an unidentified bidder will pay $28 million for a suborbital flight on the company's New Shepard vehicle. Participants sit a Blue Origin space simulator during a conference on robotics and artificial intelligence in Las Vegas on June 5, 2019. On Saturday, Blue Origin announced that an unidentified bidder will pay $28 million for a suborbital flight on the company's New Shepard vehicle. Amazon billionaire Jeff Bezos is going into space on July 20 on a reusable rocket made by his space exploration company, Blue Origin.


Data Analyst - London

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Over the last year, we have witnessed a major transformation for Ocado Technology and the Ocado Smart Platform (OSP). From weathering the pains of customers placing their first orders, to offering an online retail solution that has helped rocket our business to the FTSE 100. Not only are we'live' and successful for a major retailer but we are well underway in realising our vision in becoming the leading retail online platform provider, with four of the world's leading retailers already on board. We are looking to step-change our analytics capability across Ocado Technology to drive better-informed decision-making as we consider how to evolve and improve the Ocado Smart Platform for our clients and their customers. As a Product Analyst within Fulfillment department, you will work closely with the Product teams to enable them to track KPIs and use data to make these better decisions.


Amazon and the Burden of Great Expectations

WSJ.com: WSJD - Technology

It proved to be a near-fatal mistake for their small business, which is the family's sole source of income, and employs all four of the couple's teenage and adult children, as well as Mrs. Wilsondebriano's sister and mother. In the Amazon AMZN -0.08% era, selling online is one thing, but actually getting products to customers fast enough to make them happy is something else. It's especially difficult if, like the Wilsondebrianos, a merchant isn't selling via Amazon, but still feels obligated to match the e-commerce giant's promises of free and fast delivery. Their sales plummeted, from upward of $20,000 a month to as little as $3,000 a month, Mrs. Wilsondebriano says. The family had no choice but to pack and ship orders themselves, since they could no longer afford the third-party shipper they had been using.


Will Computer Vision Make Human Workers Obsolete?

#artificialintelligence

Ever since the 1950s Turing test, machines have been in constant competition to outsmart their human counterparts. Alan Turing, way ahead of his time, wondered if machines could think like humans -- a proposition that seemed unimaginable at the time. Now a part of our daily lives, artificial intelligence (AI) has transformed technology and the role of people in the workforce. AI's newest breakthrough is computer vision. This human-imitating technology actually appeared back in the 1970s in its earliest form, but is now transforming industries with its newfound capabilities.