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November 13, 2024The AI-Powered Retail Revolution Is Here!
Shopify, Amazon, and Google have launched new AI-driven tools that are transforming the retail industry, reports PYMNTS.com. These tools aim to enhance the shopping experience by offering more personalised product recommendations, seamless payment processes, and automated customer service.
Implications for Consumers and Retailers
The Retail AI revolution is going into uncharted territory. These are AI bots which are doing your shopping for you. Such bots, naturally, will require such sensitive information such as payment information, physical and postal addresses and contact details, which can be used in future scam heists. Already there have been AI scams rocking the world, and this may be a new frontier for such unscrupulous attackers.
Editor’s Comment: Online credit and debit cards are still more a luxury than a commonplace transactional device. We’re not sure island nations are going to be happy with more and more money leaking out of all our nations, but progress delayed is progress denied.
(Visit PYMNTS.com for the full story)
*An AI tool was used to add an extra layer to the editing process for this story.