Headlines about AI and automation carry an implicit warning of a dystopian future where all human jobs are replaced by robots. Entrepreneur Magazine touts that “3.5 million jobs are on the verge of extinction.” Although we’re only beginning to realize the potential impact of AI in the enterprise, the increased adoption of AI by industry has come alongside the lowest unemployment rate in the U.S. in almost 20 years.
Certainly, it’s worth exploring the potential benefits of AI-powered automation. Mobile robots in warehouses or transportation centers are able to capture terabytes of data on a daily basis. Chatbots passively learn intimate information about their human subjects. Automation is enabling a flood of new information that was previously untapped due to a lack of tools. The future is unlocking AI to power decisions and design to completely change the way enterprises operate. In this talk, we will explore some of the ways AI is changing the way brick-and-mortar retailers unlock new streams of revenue.
Jonas is the founder of Cognitive Operational Systems, Inc. (COSY), an AI and computer vision company specializing in 3-D visual search. COSY software uses visual information from robots, smartphones, and drones to map out indoor spaces and identify all the objects in the environment. COSY serves several domains including brick-and-mortar retail. The company’s technology enables continuous capture of product movement throughout a store and empowers retail partners to immediately address customer needs. Ultimately, retailers are able to make better decisions in store layout and product organization.