Unexpected ways that Artificial Intelligence will change your life in the next ten years

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The future of artificial intelligence is both exciting and terrifying. It’s development will have an impact on your life over the next ten years, in more ways than one. While yes, it will have many positive impacts, The Malicious Use of Artificial Intelligence report recently warned that artificial intelligence could also be exploited by criminals and terrorists for negative use. We know, pretty scary stuff, right?

We wanted to delve a little deeper into the future of AI, so we spoke to some experts working in the industry about how it’s expected to affect your dating, work and personal life very soon…

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7 things Amazon will be selling you by 2028

Amazon has found its way into just about every part of people’s shopping lives. Once a fledgling online bookstore, the tech giant has changed retail as we know it. It has disrupted the selling of gadgets, household goods, and now even high-end groceries, having snapped up Whole Foods for $13.7 billion.

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You may soon be able to skip the grocery checkout line at Kroger

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After a 25-store test run over the last couple years, Kroger is expanding the Scan, Bag, Go service to roughly 400 stores during 2018. Somewhat similar to Amazon’s Go convenience store, shoppers at Kroger will be able to fill their shopping basket with scanned items and exit the store after a quick stop at a self-checkout station.

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A tsunami of store closings is about to hit the US — and it’s expected to eclipse the retail carnage of 2017

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More than 12,000 stores are expected to close in 2018 – up from roughly 9,000 in 2017, according to Cushman & Wakefield.

A rash of bankruptcy filings and announcements to close stores are expected at the start of the year, when retailers are flush with cash from the holiday season.

Among the companies most likely to file for bankruptcy within the next year are Sears, Bon-Ton Stores, Bebe Stores, Destination Maternity Corp., and Stein Mart.

The closings would push hundreds of shopping malls to the brink of death.

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Walmart is developing personal shopping services and cashier-free stores

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Walmart’s Code Eight, led by Rent the Runway co-founder Jennifer Fleiss, has started testing personal shopping services for moms in New York City, Recode reports. Code Eight is part of Walmart’s startup incubator Store No. 8. The idea with Code Eight’s service, according to Recode, is for “busy NYC moms” to get product recommendations and buy them via text message. The shopping service is currently focused on health, beauty, household essentials and apparel/accessories, Recode reports.

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One of China’s biggest online retailers plans to build nearly 200 drone airports to bring e-commerce to rural China

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JD.com is planning to build 185 drone airports in Southwest China.

The airports will help products reach villagers, while also delivering rural products across China.

This is the latest move by tech companies, including Alibaba, to capitalize on the growing rural market.

Continue reading… “One of China’s biggest online retailers plans to build nearly 200 drone airports to bring e-commerce to rural China”

Chinese Singles’ Day spending blows Black Friday and Cyber Monday out of the water

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Americans see Black Friday and Cyber Monday as the ultimate consumer spending extravaganzas, but the annual “record breaking ” sales days have nothing on China’s so-called Singles’ Day. As we can see in this chart from Statista, Singles’ Day sales make the US Thanksgiving weekend spending look like chump change.

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