If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
Artificial intelligence (AI) is a science that deals with building intelligent machines and algorithms that can think and respond like a human (that is learning according to human). Artificial intelligence has filled the digital lacuna and summoned reality into utopia. Undoubtedly it has filled every walk of life from airport to home automation and e-commerce is no new story for its ink. It won't be necromancy to add that not only Artificial intelligence is simplifying the E-commerce but also providing unbelievable new horizon for its growth. With every new artificial add on ads to new possibility and a wow factor to E-commerce let us look few of the Artificial intelligence, which is changing the E-commerce spectrum.
Cathy Hackl, Futurist and Co-Author of'Marketing New Realities: An Introduction to VR & AR Marketing, Branding & Communications', writes about AR and explores how AI is shaping up the e-commerce and retail industry with delivering customer experience like never before. E-commerce is hotter than ever and shows no signs of slowing down. The flip side of this success is that everyone is selling their wares online, often with the same e-commerce set up. You know the drill: search, browse, images, descriptions, shopping cart, rinse, repeat, and often return. Moreover, when the shopping experience is this generic, why not just do all your shopping online?
Imagine a couple of caffeine-addled biochemistry majors late at night in their dorm kitchen cooking up a new medicine that proves remarkably effective at soothing colds but inadvertently causes permanent behavioral changes. Those who ingest it become radically politicized and shout uncontrollably in casual conversation. Still, the concoction sells to billions of people. This sounds preposterous, because the FDA would never let such a drug reach the market. Olaf J. Groth is founding CEO of Cambrian Labs and a professor at Hult Business School.
The Food and Drug Administration has to recall hundreds of foods every year. Like cookie snack packs with chunks of blue plastic hiding inside, Salmonella-tainted taco seasoning or curry powder laced with lead. It can take months before a recall is issued. But now researchers have come up with a method that might fast-track that process, leading to early detection and, ultimately, faster recalls. The system relies on the fact that people increasingly buy foods and spices online.
On paper, it's a great time to be on a dating app. In the seven years since Tinder's entrance on to the dating scene in 2012, it has gone from fringe novelty to romantic ubiquity; within two years of launching, it was seeing 1bn swipes a day. Other apps have similarly impressive stats: in 2018, Bumble's global brand director revealed it had more than 26 million users and a confirmed 20,000 marriages. It's a far cry from the considerably less optimistic response Tinder received when it launched. Many hailed it as the end of romance itself.
Today I have some marketing tools for a winning artificial intelligence strategy. Here's four links with tips and tricks to kick start your work week. Building a brand involves using the latest technology that will grow your influence and reach. Your business needs the latest tools in order to keep up to date with marketing trends. Want to improve your reach online?
For many, pets are an essential part of childhood. Walking the family dog, feeding the class goldfish, chasing around an irritable cat that wants nothing to do with you whatsoever. For generations, pets were cute, furry creatures with the occasional scaled or feathered friend thrown in. But, for kids of the late 1990s, the entire concept of what a pet is, does and means was turned on its head. Suddenly, they could be more.
Men who send other people unsolicited images of their genitals are likely to be more narcissistic and sexist that those who do not, psychologists have found. Researchers surveyed over a thousand men to compare the personalities and motivations of those who sent intimate images and those who did not. Rather than for personal gratification, men who share images of their genitals typically do so hoping to arouse the recipient and get images back in return. A small minority of participants reported sending the private photos in order to intentionally elicit a negative response from women. The researchers conclude that the practice can neither be construed as solely sexist or as a positive sexual outlet.
Difficult co-workers who defy authority are more likely to cheat on their partners, a new study suggests. Researchers at the University of Texas discovered the correlation after studying the records of police officers, financial advisers, white-collar criminals and senior executives who used the Ashley Madison marital infidelity website. The data suggests a strong connection between people's actions in their personal and professional lives. They found that Ashley Madison were more than twice as likely to engage in corporate misconduct. Researchers investigated four study groups totalling 11,235 individuals.
Even though the acronym AI is now well-embedded in banking industry consciousness, actual use of artificial intelligence, and its cousins machine learning and data analytics, has been limited except with a handful of the largest financial institutions. According to an MIT Sloan report cited by IBM, 81% of all enterprises do not understand what data is required for AI, or how to access it. Still, the report found that 83% agree that driving AI across the enterprise is a strategic opportunity. Meanwhile the big tech firms, notably Amazon, Google and Facebook, have built big leads in this area, powering their ecommerce empires, which increasingly include financial services. There are options, however, to enable a wider range of financial institutions to take advantage of AI for use in marketing, personalization, user experience, payments, and more.