Since the dawn of the industrial age, human ingenuity has been the deciding factor for the growth of any business. But now the times are changing - we have come upon the age of AI, where business can derive more leverage from computing power. AI can make complex business decisions in a split-second, and not just follow pre-made algorithms.
But we all know that. Let us explore further to see further :)
1. Today's economy is already digitalized
Since the year 2000, we have been living in an era of rapid technology growth. The way we buy and sell goods and services has already become completely digital, with Amazon ruling the online scene, and Walmart running a complete digital economy behind its warehouses.
It is estimated that by 2027, most currencies around the globe will be digital as well - which means all transactions will be digital.
2. AI is now at the elbow of an exponential curve
In 2023, ChatGPT has popularized the usage of AI. Children are using it to do their homework. Companies have stopped hiring content writers. Everyone on earth with an internet connection has the power of infinite wisdom at their disposal, for free.
3. Now everyone agrees that AI is the future
In 2022, very few businesses realized the power of AI. But ChatGPT has displayed the power of this technology to everyone, and now almost every serious businessman is looking to adapt AI in business. The reason is simple: AI is so powerful that businesses that do not adapt to it will simply die.
As the era of automated commerce dawns on us, we'll discover how data has become the lifeblood of modern business, enabling personalized shopping experiences, predictive analytics, and informed decision-making. Furthermore, we'll peer into the future to uncover the emerging trends and innovations that promise to further redefine the commerce landscape.
Imagine a world where your shopping preferences are understood and catered to even before you realize them, where supply chains operate with unprecedented efficiency, and where customer support is available 24/7 through intelligent virtual assistants. This is the promise of automated commerce, where the fusion of AI, data analytics, and interconnected devices is unlocking new possibilities at every turn.
Business as a multi-player "video" game
The above video shows AI bots tinkering with their environment hundreds, and thousands of times before they're able to accomplish their goals. Then, when one party of the game is trying to accomplish its course, the other side starts to evolve in response to that evolution.
This is the coming future of business. AI business bots will tinker with their environment, learn from them, execute decisions, all towards making a profit - the score of the game.
