Bad News for Shoplifters: AI can Now Spot You Even Before You Steal
Shoplifting has been on the rise according to Gartner research in retail stores in the USA and UK where despite security cameras installed, theft cases continue to rise. Retail stores continue to suffer from theft losses characterized by shoplifting¹ and artificial intelligence is offering timely assistance. By working with facial recognition technology, artificial intelligence² is using algorithms to determine the behavioral patterns of shoppers in a bid to reduce theft cases. Vaak⁹ from Japan is a start-up leading the way where the company recently developed systems run by AI to monitor suspicious attributes among shoppers and alert retail store managers through their smartphones. While AI is usually envisioned as a smart personal assistant, the technology is accurate at spotting weird behavior.
Nov-17-2020, 16:55:22 GMT
- Country:
- Asia > Japan (0.28)
- North America > United States (0.25)
- Industry:
- Commercial Services & Supplies > Security & Alarm Services (0.38)
- Information Technology > Services (0.50)
- Retail (1.00)
- Technology: