Episode Summary: It isn't by chance that birds fly in flocks and fish swim in schools - they're actually smarter when they act in a group. Could it be possible to extend that collective intelligence to human beings, and even AI? Louis Rosenberg is a PhD from Stanford, previously founder of Immersion and who now runs Unanimous AI, a company focusing on harnessing swarm intelligence with human beings. In this episode, Rosenberg speaks about how this collective-intelligence approach has been applied to human beings in terms of garnering improvements in a range of predictions, and he also touches on what this type of swarm intelligence might mean when we talk about multiple AI's in the future.

Online retail usually focuses marketing efforts on improving category pages. Optimizing these eCommerce pages, full of products of a certain category, might help attract large amounts of traffic. However, some marketers applying this on-page SEO technique overlook the importance of including all relevant information at a product page level. This is surprising if we take into account that 34% of retailers consider the pre-purchase stage to be the most important part of a customer shopping experience, which happens in the product page. This is where you find out more about the product and its details.

The use of Artificial Intelligence (AI) offers about $340 billion (roughly Rs. 23.8 lakh crores) cost-saving opportunity for those retail companies that are able to scale and expand the scope of their existing deployments, according to a new global study from French technology services major Capgemini. However, just one percent of retailers have achieved this level of deployment so far, showed the results from the study titled "Building the Retail Superstar: How unleashing AI across functions offers a multi-billion dollar opportunity". The researchers found that most retailers are focusing their AI efforts on sales and marketing when there is a significant opportunity to unleash AI use cases across the value chain. "Our research shows a clear imbalance of organisations prioritising cost, data and ROI (return on investment) when deploying AI, with only a small minority considering the customer pain points also," Kees Jacobs, Vice President, Global Consumer Products and Retail Sector at Capgemini said in a statement. "These two factors need to be given equal weighting if long-term AI growth, with all of the benefits it brings, is to be achieved," Jacobs added.

From the rise of voice advertising to the connected TV revolution, there were major strides in the digital marketing space this past year. The momentum sparked in 2018 is on track to accelerate in 2019 as technology advances and our digital-driven world continues to evolve. Here are the top trends I expect to dominate the landscape in the new year. As anticipated, we saw advertising via connected TV (CTV) become more prevalent in 2018, doubling its growth over the past year. Reaching 38 percent of video ad impressions in the second quarter of 2018, CTV overtook mobile, which accounted for 30 percent of video ad impressions according to Extreme Reach.

New advances in AI and machine learning mean that data can be applied in a completely new way, and in an unprecedented system of modelling, to do far more than was possible a few years ago. Cloud also ushered in a new era of data science by making software more portable and versatile. The Techopedia asks experts what we might see in the coming year. Here are some things that are likely to occur in 2019. "The demand for smart analytics applications will redefine the practice of corporate data: Companies compete to become data-backed businesses, but only a small part of the sophisticated analytical value that has been opened. By 2019, there will be high demand for new innovations around intelligent analytics applications that are driven by real-time interactions, embedded analytics and AI. "The emergence of data engineers brought AI to the forefront of the company: Last year was the year of data scientists.

The use of Artificial Intelligence (AI) offers about $340 billion cost-saving opportunity for those retail companies that are able to scale and expand the scope of their existing deployments, according to a new global study from French technology services major Capgemini. However, just one per cent of retailers have achieved this level of deployment so far, showed the results from the study titled "Building the Retail Superstar: How unleashing AI across functions offers a multi-billion dollar opportunity". The researchers found that most retailers are focusing their AI efforts on sales and marketing when there is a significant opportunity to unleash AI use cases across the value chain. "Our research shows a clear imbalance of organisations prioritizing cost, data and ROI (return on investment) when deploying AI, with only a small minority considering the customer pain points also," Kees Jacobs, Vice President, Global Consumer Products and Retail Sector at Capgemini said in a statement. "These two factors need to be given equal weighting if long-term AI growth, with all of the benefits it brings, is to be achieved," Jacobs added.

Now Get InvestmentGuruIndia.com news on WhatsApp. Paris- The use of Artificial Intelligence (AI) offers about $340 billion cost-saving opportunity for those retail companies that are able to scale and expand the scope of their existing deployments, according to a new global study from French technology services major Capgemini. However, just one per cent of retailers have achieved this level of deployment so far, showed the results from the study titled "Building the Retail Superstar: How unleashing AI across functions offers a multi-billion dollar opportunity". The researchers found that most retailers are focusing their AI efforts on sales and marketing when there is a significant opportunity to unleash AI use cases across the value chain. "Our research shows a clear imbalance of organisations prioritizing cost, data and ROI (return on investment) when deploying AI, with only a small minority considering the customer pain points also," Kees Jacobs, Vice President, Global Consumer Products and Retail Sector at Capgemini said in a statement.

The use of artificial intelligence in the retail sector is a $300 billion cost-saving opportunity for retailers which are able to scale and expand the technology, though just 1 per cent of retailers have achieved the necessary level of development, according to research from Capgemini Research Institute. The study looked at 400 global retailers, and how they are implementing the burgeoning technology at different stages of maturity, and found that over a quarter of retailers are deploying AI in their businesses – a seven-fold increase from 2016. "For global retailers, it appears reality has kicked in regarding AI, both in terms of what the technology can achieve and what they need to do to get there," Capgemini vice president global consumer products and retail sector Kees Jacobs said. "Of course, deploying and scaling will be the next big objective, but retailers should be wary not to chase ROI figures without also considering the customer experience." According to the research, retailers deploying AI systems were eight times more likely to be working on high-complexity projects rather than smaller projects which are easier to scale, and generally lack a focus on customer usability.

A growing number of organizations are turning to algorithms to "score" their customers. Understanding customers and rewarding the best has always been at the center of running a successful business. However, thanks to big data and analytics, the concept is changing. A growing number of organizations are turning to algorithms to "score" customers and determine what price they pay, how long they must wait on hold, and whether they can return items they have purchased. "Digital technology has enabled consumers to be more knowledgeable about prices, and online shopping has made it easier for them to hunt for bargains," explains Sunil Gupta, Edward W. Carter Professor of Business Administration and chair of the General Management Program at Harvard University.

As Amazon's workforce has more than doubled over the past three years, workers at Amazon fulfillment center warehouses in the United States have started organizing and pushing toward forming a union to fight back against the company's treatment of its workers. Amazon's global workforce reached more than 613,000 employees worldwide according to its latest quarterly earnings report, not including the 100,000 temporary employees the company hired for the holiday season. Just a few months after Amazon opened its first New York-based fulfillment center in Staten Island, workers announced on 12 December the launch of a union push with help from the Retail, Wholesale and Department Store Union. "Amazon is a very big company. They need to have a union put in place," said an Amazon worker who requested to remain anonymous.