2017 saw many discussions about the development of Artificial Intelligence, Machine Learning and Conversational Systems. As we enter 2018, the advancements of technology and its applications will see many changes and they will gradually be applied more and more into businesses. Thanks to the development of Deep Leaning, neural networks and Natural Language Processing Machine…
Some retailers are already adopting AI technologies in order to survive in our increasingly digitized world. AI allows them to create increasingly personalized experiences and create tailor made products at the right time. AI is empowering retailers to create truly personalized experiences and automate the time-consuming tasks they face everyday.
The automobile industry is embracing technology in steady and fast paces and soon features like car lights with sensors detecting darkness and windscreens detecting rain will be as usual as the choke was in the previous century. In a not so distant future we might find ourselves sitting in our cars and being chauffeured around by virtual drivers while we read the paper and listen to playlists imported from our clouds and drives.
Technology is rapidly becoming an integral part of the classroom and our children’s education. Children are increasingly using tablets and other digital appliances and coding is becoming part of the national curricula around the world. Artificial Intelligence and Virtual Reality are not only changing how our children learn but also how their teachers teach.
As Artificial Intelligence enters every aspect of our lives, not only does the consumer become more digitally educated but also increasingly demanding and less trusting. Large European and US ecommerce brands such as Amazon have realized the “demand” for more AI and are using it to boost their sales. Through AI and Machine learning technologies…
Every week we are flooded with articles about how Artificial Intelligence (AI) will change our future and the way we carry out our daily tasks. Yet does it really belong to the future? Have you ever stopped to think that maybe it’s already here?
Until recently most hotel bookings, transactions and administrative tasks were conducted manually. In this context revenue managers had to collect, review and analyze numerous data sets each time a room rate needed to be updated and then calculate the ideal rate based on those variables. This presented a time consuming task that meant that rates could not be updated as often as they should. Meanwhile, the creation of Online Travel Agencies otherwise known as OTAs meant that large quantities of data became available and the task of manually executing pricing decisions became impossible.
As Artificial Intelligence enters every aspect of our lives and the consumer becomes more digitally educated she also becomes increasingly demanding and less trusting.
