Who’s this ebook for?
Generative artificial intelligence is estimated to have an impact of $2.6 to $4.4 trillion on the global economy in the coming years. To put that into perspective, this amount is greater than the GDP of the United Kingdom in 2022, which amounted to 2.75 trillion USD. GenAI has the potential to influence various market sectors, such as banking, entertainment, and eCommerce. By 2045, AI is expected to automate over half of the processes in these industries.
What you'll find inside
- How GenAI can help you reduce customer service, software development, and content creation costs
- How to optimise inventory management using generative AI
- In what eCommerce tasks GenAI outperforms human experts
- How to tailor large language models (LLMs) to meet your custom business needs
- Which eCommerce companies already successfully employ Gen AI-based solutions
“In 2023, Gen AI and other foundation models are evolving at record speed. Almost every eCommerce company tries to improve its processes or build new business avenues with Generative AI. But despite their equally great desire to capitalise or create a competitive advantage using these innovations, some businesses are spectacularly successful. Others – spectacularly burn their budget.
The eCommerce Guide to Generative AI will help you successfully navigate this transformative journey, steering clear of budget pitfalls and embracing a holistic approach that completely overhauls your organisational infrastructure.”
Jerzy Biernacki
Generative AI Expert
Chief AI Officer at Miquido