E-commerce – With augmented reality, you can virtually envision a product in your own home or use filters to display it on your face
Language processing Late last year, ChatGPT launched, bringing with it AI-powered language-processing
or body. (For example, you can render a 3-D image of a piece of furniture in your bedroom, or “try on” different styles of outfits.) The benefit? Consumers have more confidence in buying, and retailers can cut down on returns. Phygital – This is one of the newer
technology that can generate intelligent responses to questions and requests. Some early adopters have used it to do such things as compose essays, write code and draft business proposals. While the technology is fairly new, experts are predicting you could have a chatbot that acts as a research assistant. In an article by The New York Times, Yoav Shoham, a professor emeritus at Stanford University, said, “If you want to enrich your writing with a historical fact, you won’t need to go and search the web and find it. It’ll be right there with a click of a button.” Virtual reality headsets Tech companies are betting on VR headsets to reshape our lives similar to the ways smartphones have. For example, Meta unveiled Quest Pro, which the company envisioned to be a multi- tasking tool for workers. Apple is said to be releasing a headset that uses AR to take advantage of digital data in the physical world.
buzzwords in the retail industry—marrying the physical and digital worlds. Brands
adopting this strategy include Lowe’s, which uses autonomous robots to assist customers, and Amazon Go’s brick-and-mortar locations, which use sensors and an app to detect what you put in your cart— no checkout required. Smart mirrors are yet another example, offering an interactive experience for customers to virtually try on outfits or makeup and get more information about products they’re interested in. Looking ahead While these technologies have—and continue to— make our lives easier and more efficient, they’re just a drop in the bucket. Here’s a look at some interesting advancements in the AI world and what we can expect to see in 2023:
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