No clicks required: Artificial-intelligence is changing how we shop, Boxed CEO says

A day where shoppers don't even have to think about what they need to purchase -- let alone push a button -- is quickly approaching, Chieh Huang, Boxed co-founder and CEO, said Tuesday on CNBC's "Squawk Box." "The machine learning algorithm is getting better and better" in being used in e-commerce, he said. Boxed, started in 2013, is a bulk-items e-retailer currently working on rolling out new features that are primarily being tested in a business-to-business capacity, for now. The website has more than 1,400 SKUs, ranging from Pepsi products to paper towels to General Mills' Cheerios. And everything is sold in bulk, at a discount. Similar to Amazon's Dash Button, Boxed is working on its own, easy reorder system. The company has been playing with artificial intelligence to take the idea to the next level -- where no "push of a button" is required, Huang said.