News: U S And World News Headlines : Npr

25/04/2024

Generative AI, exemplified by ChatGPT, is reworking the retail business by enhancing customer experiences and streamlining processes. However, businesses must address challenges such as data privateness, algorithm bias, job displacement, and buyer trust. Embracing Generative AI and prioritizing moral practices, data security, and innovation will shape the means ahead for retail. Over the last five years, the largest will increase in on-line shopping amongst internet customers were recorded in Czechia (+27 pp), Slovenia, Hungary and Romania (all +26 pp), in addition to Croatia and Lithuania (both +25 pp). James Song, CEO of Lazada Thailand and Vietnam, mentioned COVID-19 waves have caused main changes in customers’ behaviour and formed new tendencies.

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