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Peter H Diamandis: AI & SHOPPING: A NEW RETAIL ERA

Peter H. Diamandis: AI & SHOPPING: A NEW RETAIL ERA LinkedIn 12/28/2020 © Provided by LinkedIn AI and broadband were already eating retail for breakfast. In the first half of 2019, we saw 19 retailer bankruptcies. And with the COVID-19 pandemic, the retail apocalypse is only accelerating. Popular Searches What’s coming in this retail era is astounding. For example, why drive when you can speak? Revenue from products purchased via voice commands is expected to  quadruple from roughly US$2 billion today to more than US$8 billion by 2023. VR, AR and 3D Printing are converging with AI, drones and 5G to transform shopping on every dimension. And as a result, shopping is becoming dematerialized, demonetized, democratized, and delocalized… a top-to-bottom transformation of the retail world.

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