Future of Retail Keynote Speaker, e-commerce
NEW AI BOOK IN BESTSELLER LIST FOR 12 MONTHs IN AIRPORTS GLOBALLY - WH SMITHS
MANY OF MY GLOBAL CLIENTS are food and beverages retailers (F&B), or they manufacture Fast Moving Consumer Goods (FMCG) retail products that sell globally, and these are sectors that are changing very rapidly but not always as people expect. AI will be vital to the future of grocery retail, food and beverages - what we eat and drink. Take total online retail sales, (including Fast Moving Consumer Goods) which have reached 22% of retail globally.
This figure for home-food ordering leapt during COVID but will not leap forward as much again because there is a natural limit here – physical retail will always play an important role in every society. This is especially true for food, less so for beverages, because consumers often like to see, feel, smell the food they buy, and there are often wider ranges of package size in store compared to online. The UK is one of the world’s most advanced online economies: online food and grocery sales shot up during the pandemic as part of the jump in total retail sales from 20% to 37%, then (as I predicted) total online retail dropped back again, to 32%, which is probably close to where it will be for the longer term – significantly less than 50%.
AI impact on global food market - worth $1 trillion a year
The global food market is worth $10tn a year, and will grow rapidly. It needs to. More than 800 million people across the world are often hungry, while 1 billion are now considered obese. By 2050 the number of people who are obese will rise to 2 billion, and half a billion people will probably still be hungry. So how will AI help us provide enough food for tomorrow’s world?
There is no doubt that AI will help many farmers grow more food, using smaller teams. Agriculture in countries like the UK, France, US and Canada is already highly industrialised, with ever larger landholdings and food output. The latest agricultural machines are so complex and expensive that many individual farms now rent them by the day.
Farmers are totally dependent on the right amounts of sun and rain each month. More accurate long-range weather forecasts using AI will mean farmers improve their food harvest yields – advised by AI when best to plant, spray, weed, fertilise and harvest. AI will help farmers work out how best to maintain their soil with improved diagnostics. Videos by drones will be used by AI for ‘precision agriculture’: earlier diagnosis of damaged crops, weed infestations and possible disease...
Read on - buy my new book NOW ---- "How AI Will Change Your Life".
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Read more: Impact of AI on $10tn PA food and beverage sales (F&B), fast moving consumer goods (FMCG). Why trust and emotion matter in an AI-influenced retail world. Extract Ch16 BESTSELLER book: How AI will Change Your Life - Patrick Dixon Futurist Keynote Speaker
Government, Politics, Democracy, War - Future
Patrick Dixon is a global keynote speaker on cybersecurity and AI - author of 18 books - here in conversation with Futurist Gerd Leonhard
NEW AI BOOK IN BESTSELLER LIST FOR 12 MONTHs IN AIRPORTS GLOBALLY - WH SMITHS
WE NEED TO DISTINGUISH between government as in managing a country, which is about the civil service and ministerial departments, and government as in leading a nation, which is all about politics in a democracy, autocracy or dictatorship. (See previous chapter for wider use of AI in surveillance).
AI is already widely used by the civil service in most developed countries, supporting whoever is leading government. Key areas for AI will be developing policy options, modelling the impact of proposed policies, writing policy details and drafting legislation.
And at the end of this book is a proposed 10 Point Plan AI for governments, actions and policy decisions to take now.
For the next five years, almost all such AI support activities will tend to be on separate systems, but by 2040 many government AI systems will be networked into one all-powerful, all-knowing AI colossus. This is despite inherent risks.
To some extent this is already happening across systems used by security services. So, for example, a security officer can access all of someone’s personal information relating to internet activity (searches, social media, purchases), location, phone logs, family and friends, employment, tax, immigration, banking, driving offences, criminal record, health records – plus other insights generated by AI-linked pattern recognition, predictive analytics. Such an entity will become a primary target for hostile countries to attack (and for ‘friendly’ countries to quietly probe).
Read on - buy my new book NOW. "How AI Will Change Your Life."
Read more: AI in Government. Impact of AI on state departments, AI efficiency, AI cost-saving. AI policy decisions and global regulation of AI. Extract Ch26 BESTSELLER book: How AI will Change Your Life - by Patrick Dixon, keynote speaker on insurance and AI