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Businesses can be the first to serve untapped markets rather than depending on tried-and-true but low-return customer acquisition strategies. Developers are adopting a mobile-first strategy to guarantee the best mobile user experience. E-commerce apps benefit from AI because it improves efficiency, personalization, and automation.
I wrote about this some years ago, but standing next to me in the queue for a flight out of Dallas were a couple of logistics consultants lamenting the fact that a client had taken a tech consultancy’s advice and prioritized flexibility over volume in their distribution strategy. The manufacturer sold through a dealer network.
Algorithms are cheaper than humans and can be networked to perform complex collections of tasks at a speed, and subsequently a scale, that humans cannot achieve. The evidence of this is the shift in economic activity steered by emerging technologies in areas such as ecommerce and fintech.
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