How Sentient’s AI Revolutionizes The Ecommerce Industry

Artificial intelligence is a fundamental detail in setting up an online store. The ecommerce giant Amazon, earns at least a third of all its revenue from using AI’s recommendation features. A smart AI with intricate settings will attract and retain customers by noticing their specific preferences. These analytics result in pop up questions asking site visitors to check out the indicated items.

An accurate way of capturing the visitors’ attention is by changing the suggestions according to the moment’s data. These data includes the user’s current weather conditions or a recent search n their device such as a holiday or lunch. The ever-changing e-Commerce personalization keeps up with the unpredictability of life, hence the AI becomes a close imitation of human interaction.

Artificial intelligence has progressed to allow customers to have a full five sense engaging shopping experience. One example is the voice communication features such as Alexa on Amazon. Users are able to customize the voice’s tone to order the site to search or bill items. Analysts predict that the voice integration is set to take over common household items such as TVs and the kitchen area.

One technological trait about AI that buffles people is the sight of something they were randomly searching on their social media news feed. AI developers use device agnostic shopping to collect a report on a user’s online habit. These data gathers pointers for recommendations on to the users’ most preferred products.

Many online shops understand the importance of using e-commerce personalization to drive up their sales. Sunglass Hut eases its customers’ shopping experiences by suggesting similar items in store according to the graphical demographics. The window displays the next best thing in store, allowing the customer to have a wide array of selection for their preferred items.

Shazam changed how music lovers enjoy music by outputting a search resut using only an audio inut using the app. Cloudsight operates on a similar principle, by returning search results when a user captures their desired object by camera using the app. Chatbot adds to the real time interaction with the shop, due to the available online portal that offers full time communication with the shop’s attendants. Pinterest is a popular art with a longtime relationship to AI. Unlike its previous versions, the 2015 app allows users to find similar items by zooming in on one of the objects, and not looking through a list of related searches. Artificial intelligence is a speedy and easy internet integration that has revolution the internet experience.

Read: http://www.telegraph.co.uk/technology/news/11939915/Worlds-most-funded-AI-company-Sentient-Technologies-launches-online-shopping-product.html

George Soros Cuts Investment In Stocks And Banks On Gold

During the last quarter, George Soros had braced for tough times by making bets against equities, checking on his investments regularly and banking on gold. Government records showed that Soros Fund Management registered a drop of 37% to $3.5 billion by the end of March. As at March 31, the fund was owned bearish options contracts of the SPDR 500 ETF Trust amounting to 2.1 million shares. The ETF Trust tracks Standards $ Poor’s (S&P) 500 Index.

George Soros purchased bullish options in the SPDR Gold Trust worth 1.05 million shares. The Gold Trust follows bullion prices. It is imperative to note that the Fund had taken a stake valued at $264 million in Barrick Gold Corporation towards the end of March. The stake saw Soros own 1.7% of Barrick Corporation. This shareholding on http://www.investopedia.com/university/greatest/georgesoros.asp became Soros fund Management’s largest listed holding in the U.S. Soros built his $ 24 billion fund through prudent market wagers.


In the recent past, George Soros issued warning over risks from China. He argued that the Chinese economy is fueled by debt. Soros went on to assert that the present conditions in China are similar to the problems experienced before the 2007/2008 financial crisis. According to Soros, hard landing in China would be practically unavoidable. This situation would enhance global deflationary pressures, thus causing stocks to decline and improve U.S. issued government bonds.

Stan Druckenmiller, former Soros’s chief strategist, is similarly bullish on gold. The billionaire investor asserted that he has much trust on the gold over the negative interest rates advanced by the central bankers. Bloomberg generic pricing indicated that gold registered a sharp rise of 16% in three consecutive months. This was the highest quarterly increase since 1986. The Toronto-based firm, Barrick, has more than doubled its share prices. The mining firm has been cutting costs and reducing its debt.

About George Soros

George was born in Hungary in 1930. He fled the country and settled in New York. George Soros is a renowned philanthropist. The billionaire attended the London School of Economics. He formed his own hedge fund, which he called Soros Fund. Later, he renamed it to Quantum Fund before settling for Quantum Fund Endowment. As he amassed more wealth, Soros was able to speak about the evils happening in the society through the Open Society Foundation.

George is also an accomplished author. His books offer insights on investment and business, economics, politics, philanthropy, open societies and globalization. To date, George has written and published fourteen books, which are The Tragedy of European Union, Financial Turmoil in Europe and the United States: Essays, The Soros Lectures at the Central European University as well as The Crash of 2008 and What it Means. The others are the Age of Fallibility. George Soros on Globalization, open society, The Bubble of American Supremacy, Opening the Soviet System, The Alchemy of Finance and Underwriting Democracy among many others books. This information was originally published on George Soros’s website as highlighted in the following link http://www.cnbc.com/2016/05/17/soros-fund-management-outlines-new-allocations.html