How is Artificial Intelligence Set to Help Retailers Over the Coming Year?

“Businesses are over ’AI’. The hype cycle burns faster these days and AI is experiencing a decline similar to what’s happened to the IoT. The joke going around Silicon Valley right now is that you get kicked out of a pitch if you bring up AI.

This is because AI, at the level of market perception, is unachievable by the vast majority of organizations. The challenge is that you not only need data scientists that are being hoovered up by the likes of Facebook, Google, Microsoft, etc., but you also need huge, richly codified training data and most companies are struggling just to connect their own customer data.” – Darin Archer, CMO, Elastic Path