Robots Keeping Shelves Stocked: How Machine Learning and AI is Helping the CD Industry Stay in the Game - insideBIGDATA

In this special guest feature, Amjad Hussain, founder and CEO of Algo.ai,, observes that whereas 20 years ago, labels were able to flood stores with CDs in the knowledge surplus inventory would inevitably sell over time, doing so now could lead to huge losses. As such, companies are increasingly turning to new smart technology which harnesses the power of machine learning AI to accurately predict future demand using existing data. Algo.ai is a workflow automation platform which connects artificial intelligence, augmented reality, and automation to retailers, distributors, and manufacturers. In the age of Spotify, it may appear CDs are predestined to suffer the same fate as'the radio star'. However, while sales are dropping year over year, the mid-year music revenue statistics from the RIAA (Recording Industry Association of America) report $245 million in CD sales in the first part of 2018 alone.