AI Articles and Analysis about Logistics

One highly sought after engineering role at major tech companies today is the natural language processing, or NLP, engineer.

The healthcare domain seems ripe for disruption by way of artificial intelligence in the form of predictive analytics. Accenture estimates the AI in healthcare market will reach $6.6 billion by 2021.

Episode Summary: We usually discuss the impact of artificial intelligence on a business's bottom line, but, in addition to law enforcement, governments and NGOs are also considering AI as a mechanism for improving society.

High-frequency retail (HFR) segments, such as groceries and drug stores, have ongoing challenges with profit margin - with grocery margins nearing 1% on average, according to an analyst from market research firm IBISWorld.

Supply chain management (SCM) is critical in almost every industry today - but it hasn't received as much focus from AI startups and vendor companies compared to healthcare, finance, and retail. Businesses are showing increased interest in AI applications, from its benefits to fully leveraging the vast amounts of data collected by industrial logistics, warehousing and transportation systems.

In early 2017, Amazon unveiled a new application of AI outside its online domain: Amazon Go, an artificial intelligence (AI)-powered grocery where there are no cashiers and checkout lines. Shoppers activate the store’s smartphone app upon entering the store, grab the items they need, and leave through the same “gates” they enter without pausing to pull out a credit card or cash. Their Amazon account is automatically charged for what they take.

Episode summary: In this week’s episode of AI in Industry we speak with Rodney Brooks, Founder and CTO of Rethink Robotics, a collaborative robot manufacturer founded in Boston in 2008. Rodney explores robotic safety regulations and he also paints a picture of what robots might be capable of in the next five years.

Agriculture plays a vital role in India’s economy. Over 58 percent of the rural households depend on agriculture as their principal means of livelihood, according to an IBEF report. Agricultural exports constitute 10 percent of the country’s exports and is the fourth-largest exported principal commodity category in India.