Monday, October 16, 2017

The consensus on AI

includes this gem from Business Insider:
While AI is having an enormous impact on individuals and the smart home, perhaps its largest impact can be felt in the e-commerce space. In the increasingly cluttered e-commerce space, personalization is one of the key differentiators retailers can turn towards to stand out to consumers. In fact, retailers that have implemented personalization strategies see sales gains of 6-10%, at a rate two to three times faster than other retailers, according to a report by Boston Consulting Group.This can be accomplished by leveraging machine learning technology to sift through customer data to present the relevant information in front of that consumer as soon as they hit the page.
More accurate trade book begets inventory stability and lower cost to the consumer.  What is the price of something? The resource cost of holding spare inventory because consumers have demand jitter.

It will be a little different than BI claims, remember we are building the singularity as we do this.  The consumer has bot agents building the optimum probability of arrival for any goodie in demand.

The computation is shared with producers in the trade book.  The card and sandbox have already gotten the best choices in mind. The customer already signed up in a buyers club, negotiating large, but fewer transactions, lowering inventory costs.  Most of the user's personal history remaining private, the aps depend on honest self appraisals from the cash card, in the form of compact distributions, mostly anonymous.

Hence the biggest change of secure element, trading bots, yours and producer,  dealing with honest information (precision is stated)  means no ads and good security; but all the benefits remain for producer and consumer. That is AI, computed by the bots via fair trading (sandbox rules).

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