Tech expert on balancing the risk and opportunity of GenAI in retail

VentureFuel’s Fred Schonenberg. Supplied
Artificial intelligence, otherwise known as AI, has been a major topic in the retail industry in recent years, especially how businesses can use this technology in content creation and supply chains.   In fact, SkyQuest, a global market intelligence, innovation management and commercialization organization, estimated that the value of AI in retail was worth just $7.42 billion last year, but would grow to reach $94.55 billion by 2031, representing a compound annual growth rate of 32.68

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