How Retailers Are Reaching Customers Better With AI

Cognitive technologies and artificial intelligence (AI) are no longer science fiction or futuristic technologies, rather the reality we're living in today. AI is an umbrella term encompassing subfields such as machine learning, expert systems, general intelligence, robotics, natural language processing, and so forth. Many of the latest advances and innovations in medical diagnostics, aviation, stock trading, and so forth have AI at the core. "AI algorithms play an increasingly large role in modern society, though usually not labeled'AI.' It will become increasingly important to develop AI algorithms that are not just powerful and scalable, but also transparent to inspection," said Nick Bostrom, superintelligence professor at Oxford University.