Amazon building Retail Stores AI Tech

Amazon Journey

• Amazon used its lessons learned in building scalable infra to launch AWS
• Amazon build complete cloud stack / big data tools for different domains
• Amazon leveraged AI with Alexa, Retail Stores cashier-less stores 

Retail Stores with AI - Cashierless stores this is a product by itself. Now Amazon is pitching this as a Retail Disruptive product. This will compete against traditional RFID, People Counting software provides like Sensormatic, Checkpoint. Amazon will get more insights. This will be a good testbed to disrupt the retail sector.

Keep watching this space https://justwalkout.com/

Data Collected
We only collect the data needed to provide shoppers with an accurate receipt. Shoppers can think of this as similar to typical security camera footage. Shoppers enter the store with a credit card, grab what they want and just walk out - it's that easy.

Possibilities?

• Unique Shopper Identification
• Shopper identification from Credit Card / SSN
• Face Identification
• Product Identification / Product Tracking

Will people still be working in stores with Just Walk Out technology?
Yes. Retailers will still employ store associates to greet and answer shoppers' questions, stock the shelves, check IDs for the purchasing of certain goods, and more - their roles have simply shifted to focus on more valuable activities.

Inference

• Elimination of Cashiers
• 10~15% Cashiers maybe there per store, It will result in cost savings
• Customer Assistants for Product queries / Search (Chatbots may compliment them)

What Alternative Options to Challenge this move? Retailer AI To-Do List?

• Build your own Retail AI portfolio
• Collaborate with Other Partners(Google / Microsoft / Nvidia)
• Build Data Expertise, Long term plan for Edge Analytics
• Reduce Investments on RFID, Proportionately increase AI investments 
• Invest in AI for Inventory, Traffic, Loss Prevention Solutions

Keep Thinking!!!