Four Ways AI Is Leveling The Retail Playing Field Versus Amazon

I've been to dozens of retail-related conferences in the past year, most of which were attended by retailers, brands and early-growth companies seeking to gain traction in the retail ecosystem. Over the year, I've seen a continuous increase in the number of AI-driven technologies and companies showcasing solutions for retailers. I've also observed growing interest in these innovations among retailers. Because as multichannel retailers continue to fight age-old problems such as inaccurate inventory, stockouts and overstocks, overstretched and undertrained store associates, and suboptimal pricing, advances in AI targeting these problems are proving their ROI. AI, or machine intelligence, is human-like or intelligent behavior exhibited by computers and machines that are "trained" by data to make autonomous decisions.