Like It Or Not, Artificial Intelligence Is Coming To Every Part Of Retail
Artificial intelligence will be important at every level of retail. When I talk to retailers about artificial intelligence, their eyes glaze over, like I'm speaking a foreign language and very few people want to talk about it. AI is going to pervade almost every aspect of retail, big and small. Here's a case in point: The EPA estimates that a supermarket of 50,000 square feet, that's a large store but not excessively so, uses about $200,000 worth of electricity and natural gas in the course of a year. According to the EPA, about half of that cost is in refrigeration and lighting.
Nov-9-2021, 02:00:04 GMT
- Industry:
- Consumer Products & Services > Food, Beverage, Tobacco & Cannabis (0.38)
- Energy (0.50)
- Retail (0.60)
- Technology: