Tag : artificial intelligence

AI isn`t smarter than you but is better at data-driven decisions

Artificial Intelligence /AI/ is all around us, and this is not a joke. It is literally everywhere. From chat-bots to smart assistants who are the most visible of its incarnations, through healthcare and architecture, AI has impacted all industries. Today AI is capable enough not only to help designing machinery much faster and more efficiently but also to create actual art.

Let’s face it – AI and its abilities are a significant part of our daily lifestyle, even though we might not suspect this at all. It is quite possible that your personal credit score is defined by AI. Just like the fruits you’ve just put in your basket – their logistic might be designed by AI. Preferences suggestions? Quite likely, they are products of AI. PC & console games, public administration, finance and pharmaceutical businesses, all of them rely on AI for one thing or another. Even the smart vacuum cleaners are advertised as the Artificial Intelligence that sweeps the floor. 

Retail certainty in an uncertain time

The COVID-19 pandemic is unprecedented in the recent days cataclysm. Countries from all over the world found themselves in a wholly new and, in most cases, unexpected situations. It applies to not just governments and businesses but also consumers.

The retail sector has been shaken by the dramatic change that forced some retailers to close their outlets, others to shift to e-commerce, while other businesses are facing drastic demand surge. When consumer behavior is rapidly changing, the right retailers’ response is essential, and their future might be at stake.

How AI is dropping the cost of prediction analytics

Have you ever heard about Moore`s law? In 1965, Gordon Moore, who would later become one of the founders of Intel, wrote a paper claiming that the number of electronic components, which could be placed into an integrated circuit, will double every year. This exponential became known as Moore`s law and turned out to be the foundation of the digital world.