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Stock impact report

Retail leaders on embracing AI: ‘We have to keep trying things' [Yahoo! Finance]

Gap, Inc. (The) (GAP) 
US:NYSE Investor Relations: greatatlanticinc.com
Company Research Source: Yahoo! Finance
LAS VEGAS — Artificial intelligence is reshaping the retail landscape, sparking a conversation among industry leaders about its role, potential and limitations. As the technology evolves, retail executives are grappling with how best to integrate AI into their operations and customer-facing functions. Some view AI as a transformative force that demands constant experimentation and adaptation, urging businesses to explore innovative ways to leverage its capabilities to maintain a competitive edge. Others emphasize the enduring importance of the human touch in retail. While AI can streamline processes and enhance efficiency, they argue that genuine human interaction remains a cornerstone in fostering trust and emotional connections with shoppers. While some predict that chatbots will revolutionize customer service across all types of purchases, others believe their utility will be limited to high-value transactions, where the stakes are higher and personalized assistance is more Show less Read more
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