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Stock impact report

Millennials, Gen Zers warm up to AI shopping tools [Yahoo! Finance]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: Yahoo! Finance
Dive Brief: Sixty-two percent of Gen Zers and Millennials said they prefer to shop using AI-powered tools , a larger share than consumers overall (51%), to reduce the risk of making a bad purchase, according to a survey from The Harris Poll and Quad. Six in 10 Millennials have more faith in AI-supported shopping tools than store associates to offer unbiased shopping advice, followed by Gen Zers (54%) and 45% of consumers overall, the survey found. Roughly seven in 10 of survey respondents said the rise in surveillance pricing makes them want to shop in stores, where retailers charge consistent pricing, per the report. Dive Insight: Consumers have concerns regarding the use of AI in their shopping journey. Nearly three-quarters of survey respondents said algorithm-driven pricing makes it harder for them to confirm if they're being offered the best price. Furthermore, 73% said they were worried about how AI tools would deploy their personal shopping data. Despite those co Show less Read more
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