How much impact artificial intelligence will have on the traditional retail industry

Since the beginning of online shopping, it has brought a huge impact on the traditional real economy in a short period of time. Now in the era of integration of e-commerce and the real economy, traditional retailers need to be more sophisticated in their consumption. And all of this is precisely because of the behind-the-scenes of technology. As a technology at the forefront of big data, cloud computing and artificial intelligence, how much impact will it have on the traditional retail industry? Does it will affect electronic parts industry?

In 2016, Alibaba opened its first box in China, hoping to integrate online and offline shopping experiences. Compared with traditional retail, Box Horse uses technologies such as big data, intelligent Internet of things, mobile internet, and automation to achieve optimal matching between people, goods, and fields, from supply chain and warehousing to distribution. Box Horse has a complete logistics system.

Now Internet companies are continuously increasing their investment in technology. Jingdong is also the case. Jingdong recently launched a "super glasses", which can be applied to store smart shopping guides, smart inventory, smart patrol shops, and assisted offline. Retail reduces costs and increases efficiency. In the future retail scene, perhaps the store clerk can instantly understand the customer's member information, shopping trends and other important information through "super glasses" to realize the information visualization of intelligent shopping guide.

In 2018, American food chains have introduced digital price tag technology in hundreds of stores, not only to display the price and nutrient list of goods, but also to remotely update the price and nutritional information of items.

Kroger Edge can bind consumers' shopping lists and then remind consumers what products to buy next, which has a huge impact on the traditional retail industry, which can also help them to sustain and reduce energy costs. In addition, technologies such as VR technology, self-checkout, and Specsavers' framework-style tools are all related to big data, cloud computing, and artificial intelligence.

In order to cater to the digital age, consumers' consumer demand is also constantly upgrading. The use of next-generation information technologies such as cloud computing, big data, artificial intelligence, AR/VR, and blockchain is particularly important. Especially in the retail business, cloud computing and big data have been widely used. With the advent of the 5G era, it is believed that these technologies can impact and use the traditional retail industry, and bring great changes to work and life.