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Revolutionizing Retail: 6 Ways on How AI In Retail Is Transforming the Industry

Pickl AI

Developments like intelligent display ads, endless aisle kiosks, advanced inventory control, and smart checkout are some of the key applications of AI in retail. Key Updates on AI Development: A study by Accenture found that retailers using AI can expect to see an average increase in sales of up to 35%.

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Breaking down the advantages and disadvantages of artificial intelligence

IBM Journey to AI blog

But even with the myriad benefits of AI, it does have noteworthy disadvantages when compared to traditional programming methods. AI development and deployment can come with data privacy concerns, job displacements and cybersecurity risks, not to mention the massive technical undertaking of ensuring AI systems behave as intended.