AI security cameras coming to stores in Japan, reduce shoplifting by 40 percent
Now, if a clerk asks to help you, it probably means you've been acting shady. Artificial intelligence continues to seep into our daily lives, touching up photos, developing snacks, and imitating school girls online. Now, AI has been tasked with tackling a crime as old as retail itself: shoplifting. A recent study by telecom giant NTT found that Japanese businesses lose around 400 billion yen (US$3.7B) annually through five-fingered discounts. No store is immune to this larceny, except perhaps anvil shops, and technology has yet to come up with a strong enough solution to effectively combat it, until now.
Jun-24-2018, 17:52:00 GMT
- Industry:
- Retail (1.00)
- Law > Criminal Law (0.65)
- Commercial Services & Supplies > Security & Alarm Services (0.53)
- Technology: