How Generative AI Is Transforming the Retail Industry

Generative AI is transforming the retail industry by providing opportunities to scale operations, drive more sales, automate workflows, boost productivity and gain a competitive edge. Retailers can use large language models (LLMs) to generate product descriptions, improve customer support efficiency, streamline review analysis processes, and access up-to-date information for text generation on current affairs. AI-assisted text generation on current affairs is made possible by combining powerful language models with access to resources such as Wikidata. Jurassic-X, a MRKL system, can also perform math operations, handle compositional questions, and integrate dynamic information like weather and currency exchange rates. Transparency and trust are critical elements in AI systems, and Jurassic-X is designed to be more transparent by displaying intermediate steps taken and not just the black-box response.