Report: AI is the 'future of retail'

Confronting supply chain problems is increasingly necessary for retailers to maintain relevancy, but the retailers who straighten out their supply chains and use new tech to better gauge and meet consumer expectations will dominate the industry. That's where AI comes in. As demonstrated by the CB Insights report, AI can learn from consumer habits in an online store and better predict and target what the consumer wants, allowing the retailer to more effectively market and handle inventory. If meeting consumer expectations is a retailers' biggest problem, then understanding consumer behavior through AI is the way to solve it. That's why companies like Amazon and Walmart are so successful.