Shopping will be Transformed by Artificial Intelligence
July 17, 2017
With the news of Amazon’s recent purchase of Whole Foods, the deal has Amazon gaining a lot more than just a brick-and-mortar grocery store brand. This sort of acquisition has big implications for what the future of retail might look like and how artificial intelligence could play a role.
Even offline, retail shops are constantly collecting data on their customers. Everything from shopping to spending habits can be tracked. This data can be used to train AI models to help the retailers predict product or category demand, as well as starting to automate labor.
Retailers are already embracing AI to better market their products. Consumer data is being processed through deep learning algorithms, offering insight into how users interact with products and how messages resonate with shoppers. Digital assistants, powered by AI, are going to become even more powerful when it comes to retail purchases through suggestions based on prior purchases and offering deals and coupons.
As competition ramps up between Amazon and retail giants like Walmart, we expect to see AI and machine learning carve out even more of a presence to better tailor marketing efforts – on and offline – to consumer behavior and demand.
Impact of Technology in 2024
Emerging AI Cybersecurity Challenges and Solutions
The Skies are Unlimited
Smart Cities 2030: How Tech is Reshaping Urbanscapes
Impact of Technology 2023
Cybersecurity for Life-Changing Innovations
Smarter Wearables Healthier Life
Infrastructure In Motion
The Impact of Tech in 2022 and Beyond
Cybersecurity, Technology and Protecting Our World
How Technology Helps us Understand Our Health and Wellness
The Resilience of Humanity
Harnessing and Sustaining our Natural Resources
Creating Healthy Spaces Through Technology
Exceptional Infrastructure Challenges, Technology and Humanity
The Global Impact of IEEE's 802 Standards
Scenes of our Cyber Lives: The Security Threats and Technology Solutions Protecting Us
How Millennial Parents are Embracing Health and Wellness Technologies for Their Generation Alpha Kids
Space Exploration, Technology and Our Lives
Global Innovation and the Environment
How Technology, Privacy and Security are Changing Each Other (And Us)
Find us in booth 31506, LVCC South Hall 3 and experience the Technology Moon Walk
Virtual and Mixed Reality
How Robots are Improving our Health
IEEE Experts and the Robots They are Teaching
See how millennial parents around the world see AI impacting the lives of their tech-infused offspring
Take the journey from farm to table and learn how IoT will help us reach the rising demand for food production
Watch technical experts discuss the latest cyber threats
Explore how researchers, teachers, explorers, healthcare and medical professionals use immersive technologies
Follow the timeline to see how Generation AI will be impacted by technology
Learn how your IoT data can be used by experiencing a day in a connected life
Listen to technical experts discuss the biggest security threats today
See how tech has influenced and evolved with the Games
Enter our virtual home to explore the IoT (Internet of Things) technologies
Explore an interactive map showcasing exciting innovations in robotics
Interactively explore A.I. in recent Hollywood movies
Get immersed in technologies that will improve patients' lives