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AI cheerleader Amazon has never understood what physical retail stores are about and never will
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AI cheerleader Amazon has never understood what physical retail stores are about and never will
Bricks and mortar continues to dominate the retail world, but e-commerce will ultimately triumph, and AI will play a key role in its rise to the top, Amazon boss Andy Jassy told analysts on a earnings call last week. “I still think if you look at the worldwide market segment share of retail, still 80% to 85% of it lives in physical stores,” he said. “That equation is going to flip over time. And I think AI is going to only accelerate that.” To q…
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