ChatGPT and Retail: Reality, Hype, What's Next, and How to Prepare
ChatGPT, a language model developed by OpenAI, has fast become one of the biggest buzzwords in retail. The model, launched as a prototype in November 2022, is the latest iteration of the AI technology promising to revolutionize ecommerce. But retailers remain cautious over its potential pitfalls, especially concerning direct interactions with customers.
Looking into the future, the most viable and valuable use cases are believed to be chatbots, product descriptions, personalized product recommendations, content creation, automatic translation, data analysis, and product development. However, the not-so-promising use cases for generative AI in retail are in customer service and enhanced search.
Generative AI's rise may seem sudden given the current media frenzy, but it's been evolving for some time. It still has some way to go before it can deliver on its promises, and different retailers are at different stages in terms of understanding its potential. Want to delve into the future of generative AI and provide actionable steps for retailers and brands to prepare for its rise?Sign up for notifications from Insider! Stay up to date with what you want to know.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Elon Musk Tells Tucker Carlson He’s Creating a ChatGPT Rival Called TruthGPTIn an interview with the Fox News host, Musk said his TruthGPT would be 'unlikely to annihilate humans.'
Leer más »
Casey Neistat let ChatGPT direct, write 'worst' YouTube videoYouTuber Casey Neistat let ChatGPT direct and write one of his vlogs: 'That was the worst video I've ever made'
Leer más »
Italy's data watchdog: ChatGPt can resume on April 30 if OpenAI takes 'useful steps'Italy's data protection watchdog is ready to reactivate the ChatGPT chatbot on April 30 if its maker OpenAI takes 'useful steps' to address the agency's concerns, its chief Pasquale Stanzione said in an interview on Tuesday.
Leer más »
Elon Musk says he's building AI he calls 'TruthGPT' in riff on ChatGPTInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Italy to allow ChatGPT to return if OpenAI takes 'useful steps'Italy's data protection watchdog is ready to allow the return of the ChatGPT chatbot at the end of April if its maker OpenAI takes 'useful steps' to address the agency's concerns, the authority's chief Pasquale Stanzione said in an interview published on Tuesday.
Leer más »
AI tools such as ChatGPT are the hottest new trend for companies, but experts urge cautionBusinesses across the U.S. are embracing new AI tools like ChatGPT for everyday operations, but experts warn of risks associated with the high-tech assistants.
Leer más »