Infographic: Current State of Artificial Intelligence

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"The basic premise of Artificial Intelligence (A.I.) was originally that human intelligence is predictable enough that it can be simulated with computers. As such, A.I. is a broad field involving many areas of research. This includes computer vision, language recognition, decision-making.

In more recent years, A.I. has also acquired other challenges including machine learning/ deep learning, as well as robotics as a whole. In fact, if you were to ask the average person what they thought of when someone mentions “artificial intelligence,” it’s likely they would say “robots” — thanks to pop culture: TV shows, movies, comics, books and toys."

Source: BestComputerScienceDegrees.com

Source: BestComputerScienceDegrees.com

AI eCommerce - IKEA Survey and NLP for Search

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Ikea’s Space10 innovation lab launches survey on AI

“At publishing time, 85 percent of respondents preferred that AI be able to detect and react to human emotions; 75 percent preferred a humanlike AI as opposed to one that was robotic, and 44 percent preferred a gender neutral interface, rather than one that was deliberately styled male or female.” Read full article

AI Comes To Ecommerce Site Search

“New forms of NLP focus on ‘product awareness’ -- identifying the primary product being sought and intelligently discarding (or de-prioritizing) search results that may contain the words ‘white’ or ‘flared,’ but may not be a dress -- white flared pants, for example. NLP understands that “dress” is the primary item being searched for, and if something is not a dress, that is a deal-breaker -- no matter how many matching qualifiers there may be.” Read full article

AI eCommerce & Video on WebProNews

I found an interesting article on WebProNews.com titled “How Facebook AI Chatbots Benefit E-CommerceBusinesses.”

“David Marcus, Vice President of Messaging Products at Facebook, revealed that there are now 11,000 chatbots on Facebook reaching almost a billion users. Facebook M, the company’s text-based virtual assistant feature, has been modified to make the AI better.

‘M will make automated suggestions based on chat intent,’ he wrote last month. ‘These suggestions will help you get more from your Messenger experience by shortening the distance between what you need to do and getting it done.’”

Also, be sure to watch the video at the bottom of the post or via this link titled, “Shopify x Facebook Messenger: How we shop will never be thesame.” It’s well done and illustrates a number of potential use-cases for chatbots to drive revenue and customer satisfaction.

AI Vendor Research: Cognitive Scale

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Vendor: Cognitive Scale

Website: https://www.cognitivescale.com/

Headquarters: Austin, TX

Key Products:

Engage - ENGAGE is a secure cloud-based service that uses machine learning, NLP, and advanced analytics to provide advice and insights to shoppers, associates, and buyers.

Impact at 3 levels

• Transform shopper experience
• Empower omni-channel associates
• Enlighten merchants & marketers

Articles about Cognitive Scale:

The 10 Coolest Startups Of 2016 (So Far)

Manoj Saxena talks Artificial Intelligence with Gigaom

Austin AI Startup Cognitive Scale Brings in $21.8M in Series B Funding

Data:

14% Increased conversion

380% Increased engagement

15% Increase $/session

Partners:

With Watson, IBM Bluemix, Deloitte, Intel Capital, Microsoft Ventures, Amazon Web Services

Clients: Barclays, Morgan Stanley, Macys, Nestle, P&G

Leadership (C-Suite):

Manoj Saxena – Chairman - LinkedIn Profile

Matt Sanchez - Founder & CTO - LinkedIn Profile

Akshay Sabhikhi – CEO - LinkedIn Profile

Nij Chawla - Chief Product Officer - LinkedIn Profile

Differentiator:

10-10-10 method to build your first cognitive app in 10 hours; customize it using your own data in 10 days; go live within 10 weeks.