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The 12 Industries Amazon Could Disrupt Next - CB Insights Research

#artificialintelligence

Since 1999, Amazon's disruptive bravado has made "getting Amazoned" a fear for executives in any sector the tech giant sets its sights on. Here are the industries that could be under threat next. Jeff Bezos once famously said, "Your margin is my opportunity." Today, Amazon is finding opportunities in industries that would have been unthinkable for the company to attack even a few years ago. Throughout the 2000s, Amazon's e-commerce dominance paved a path of destruction through books, music, toys, sports, and a range of other retail verticals. Big box stores like Toys "R" Us, Sports Authority, and Barnes & Noble -- some of which had thrived for more than a century -- couldn't compete with Amazon's ability to combine uncommonly fast shipping with low prices. Today, Amazon's disruptive ambitions extend far beyond retail. With its expertise in complex supply chain logistics and competitive advantage in data collection, Amazon is attacking a whole host of new industries. The tech giant has ...


Forecasting: theory and practice

arXiv.org Machine Learning

Forecasting has always been at the forefront of decision making and planning. The uncertainty that surrounds the future is both exciting and challenging, with individuals and organisations seeking to minimise risks and maximise utilities. The large number of forecasting applications calls for a diverse set of forecasting methods to tackle real-life challenges. This article provides a non-systematic review of the theory and the practice of forecasting. We provide an overview of a wide range of theoretical, state-of-the-art models, methods, principles, and approaches to prepare, produce, organise, and evaluate forecasts. We then demonstrate how such theoretical concepts are applied in a variety of real-life contexts. We do not claim that this review is an exhaustive list of methods and applications. However, we wish that our encyclopedic presentation will offer a point of reference for the rich work that has been undertaken over the last decades, with some key insights for the future of forecasting theory and practice. Given its encyclopedic nature, the intended mode of reading is non-linear. We offer cross-references to allow the readers to navigate through the various topics. We complement the theoretical concepts and applications covered by large lists of free or open-source software implementations and publicly-available databases.


Europe's 100 hottest young scaleups of 2021

#artificialintelligence

The Tech5 talent search is back again. We scoured, measured, and assessed scaleups from all corners of the continent to bring you the top 100 for 2021. Based on performance, growth, and potential, these companies have proven they have what it takes to join the exclusive Tech5 community. And just what does that mean? The Tech5 community is a network of top European founders designed to help them connect, get access to bespoke events, and gain media exposure.


Instacart plans to replace its gig shoppers with hundreds of ROBOTS in a bid to slash costs

Daily Mail - Science & tech

Instacart contracts hundreds of thousands of gig workers to fulfill customers' grocery orders, but the firm is working on replacing a number of human shoppers with robots in a bid to compete with Amazon's automated fulfillment service. The news, unearthed in company documents obtained by Bloomberg, states Instacart is eyeing automation as a way to cut costs for customers and help it form stronger relationships with supermarket chains. According to people familiar with the matter, the firm's strategy includes building an unknown number of automated fulfillment centers across the US, with some attached to existing grocery stores. Others would be standalone facilities that complete orders for several surrounding grocery stores. Robots would gather non-perishable goods, while human workers would collect produce and deli items in Instacart fulfilment centers.


Kroger breaks ground on robotic distribution center in Frederick

#artificialintelligence

Here's what Kroger's planned distribution center in Frederick, Maryland will look like. Kroger, the nation's largest grocery store chain, has broken ground on a high-tech customer fulfillment center in Frederick, Maryland. Kroger has no physical stores in the D.C. area, and has no plans for any in the near future. The build-out of the 350,000-square-foot customer fulfillment center, at 71906 Geoffrey Way in Frederick, will take 24 months to complete, and it will eventually employ as many as 500 workers. The facility will be highly automated.


Kroger starts use of unmanned vehicles for delivery in Arizona - Reuters

#artificialintelligence

The delivery service follows a pilot program started by the companies in Scottsdale in August and involved Nuro's R1, a custom unmanned vehicle. The R1 uses public roads and has no driver and is used to only transport goods. Kroger's deal with Nuro underscores the stiff competition in the U.S. grocery delivery market with supermarket chains angling for a bigger share of consumer spending. Inc (AMZN.O) have also invested heavily in their delivery operations by expanding their offerings and shortening delivery times. Walmart, Ford Motor Co (F.N) and delivery service Postmates Inc said last month they would collaborate to deliver groceries and other goods to Walmart customers and that could someday use autonomous vehicles.


Autonomous Delivery Moves From Research Labs to the Streets

#artificialintelligence

When we place an order with UberEats we expect the to food arrive within 20 minutes, tops. If we buy a T-shirt on Amazon, we can have it delivered to our door in a matter of hours. As consumers everywhere shift to online shopping and food ordering, suppliers are facing increasing competition and demand for faster and more reliable delivery services. Our current labor-intensive delivery methods may not be up to the challenge, but AI-powered methods are. The development and integration of autonomous delivery systems is rapidly emerging as the leading solution for increasing delivery speed, efficiency and capacity.


Tired of going to the grocery store? In Arizona, a robot-driven car will deliver groceries to your home.

Washington Post - Technology News

If you live in the Phoenix metropolitan area, you may have already encountered autonomous vehicles delivering passengers from one location to another. Now, Scottsdale, Ariz., residents can have their groceries delivered via robotically driven vehicles, as well. This week Kroger -- the nation's largest grocery chain -- announced a new partnership with Nuro, a Silicon Valley start-up that produces a self-driving, unmanned vehicle known as the R1 that operates on major roadways alongside cars. As of Tuesday, customers have been able to have their groceries delivered to their homes by the autonomous vehicle with a design inspired by a Formula One racing helmet. "Kroger customers are looking for new, convenient ways to feed their families and purchase the products they need quickly through services like pickup and delivery," Yael Cosset, chief digital officer for Kroger, said in a news release.


Kroger starts use of unmanned vehicles for delivery in...

Daily Mail - Science & tech

U.S. supermarket chain Kroger Co said on Tuesday it has started using unmanned autonomous vehicles to deliver groceries Scottsdale, Arizona in partnership with Silicon Valley startup Nuro. The delivery service follows a pilot program started by the companies in Scottsdale in August and involved Nuro's R1, a custom unmanned vehicle. The R1 uses public roads and has no driver and is used to only transport goods. Kroger's driverless grocery delivery vehicles are finally hitting the road. The firm said it will start testing the self-driving cars on Thursday at a Fry's Food Store in Scottsdale, Arizona Kroger's deal with Nuro underscores the stiff competition in the U.S. grocery delivery market with supermarket chains angling for a bigger share of consumer spending.


Kroger to begin sending robots for last-mile grocery delivery

ZDNet

Grocery giant Kroger just announced a pilot program to test autonomous last-mile grocery delivery in select areas. Kroger is partnering with driverless delivery company Nuro for the test. Same-day orders will be fulfilled by Nuro's autonomous fleet after customers within the pilot area place orders through the Nuro app or Kroger's ordering interface. The pilot area hasn't been announced yet, but the program is expected to start this fall. The announcement comes close on the heels Kroger's recent partnership announcement with Ocado, the leading British grocery delivery service.