How Artificial Intelligence is Transforming Commerce
We’re on the verge of a new AI frontier. By combining distributed computing power with multiple disciplines of AI like deep learning and evolutionary computation, we can get new insights and discover previously unseen patterns from massive datasets companies have already been collecting for years. This sort of intelligence can do everything from optimizing retailer sales funnels to helping shoppers find that perfect pair of shoes. This session discusses the significant progress being made in both the areas of visual intelligence–where we can extract meaning from image data to understand in-the-moment buyer intent–and evolutionary computation–where we can use machine learning algorithms that mimic Darwinian evolution to hone and optimize any part of a site, from the home page to the check-out page. Or, in other words, how AI will transform retail forever.
