AI in the E-Commerce Industry

As it has in many other Industries, artificial intelligence has become a core component of e-commerce. Going forward, it's believed that AI and natural language understanding technologies in particular will find many new applications in the industry. E-commerce is a fast-growing industry. In 2017, global retail e-commerce sales reached US$2.3 trillion, and e-retail revenue is expected to grow to US$4.88 trillion in 2021. The world's continuous digitalization and informationization gives e-commerce a lot of room for development.