“How Artificial Intelligence meets your shopping preferences – It knows what you are buying - and what you want to buy”
When you do shopping online or visit a retail store, your retail experience is the latest battlefield for the artificialintelligence (AI). All about grinding the data! To understand the opportunities and threats for all major retailers, it is very important for these retailers to understand why has become an emerging trend nowadays. Two important aspects are: Data and Computing Power. Computing power is something which you can experience in your hand 24*7 i.e. your Smartphone because these phones have far better computational power in comparison to desktops/laptops. Organizations can easily access and utilize the unlimited computing power to train their Artificial Intelligence algorithms. AI systems learning tools like machine learning flourish on huge data sets. When these systems are fed accurately with t he help of this huge data then they discover such trends and correlations that no human psychoanalyst could ascertain. These machine learning tools help...