Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)

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Research on Artificial Intelligence Technology Empowering New Retail: A Case Study of Unmanned Retail

Authors
Qin Wang1, *, Ning Zheng1
1Shanghai Normal University Tianhua College, 1661 Shengxin North Road, Jiading District, Shanghai, 201815, China
*Corresponding author. Email: wq2187@sthu.edu.cn
Corresponding Author
Qin Wang
Available Online 10 August 2023.
DOI
10.2991/978-94-6463-198-2_117How to use a DOI?
Keywords
New retail; artificial intelligence; new retail wheel; unmanned retail
Abstract

The integration of cutting-edge technologies, such as artificial intelligence, into the commercial retail sector is revolutionizing traditional retail methods and supply chain processes. This study examines the impact of AI technology on the new retail landscape, including the growing trend of unmanned retail. This study begins by conducting a literature review to analyze the current state of new retail from a technological perspective. The research demonstrates that artificial intelligence technology is driving the advancement of new retail, supported by the “New Retail Wheel” theory and real-world examples. Next, the study examines the demands of unmanned retail and the crucial technologies that support its various business functions. Finally, the paper provides a case study of NBY to analyze the use of AI technology in its new retail operations and the resulting economic impact. The central artificial intelligence technology in the unmanned retail industry caters to the requirements of consumers, businesses, and society. The aim of this research paper is to serve as a guide for the implementation of AI technology in new retail ventures. A successful retail revolution and improvement can be attained when the pull of consumer demand and the drive of technology are in harmony.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
Series
Atlantis Highlights in Computer Sciences
Publication Date
10 August 2023
ISBN
978-94-6463-198-2
ISSN
2589-4900
DOI
10.2991/978-94-6463-198-2_117How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Qin Wang
AU  - Ning Zheng
PY  - 2023
DA  - 2023/08/10
TI  - Research on Artificial Intelligence Technology Empowering New Retail: A Case Study of Unmanned Retail
BT  - Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
PB  - Atlantis Press
SP  - 1135
EP  - 1145
SN  - 2589-4900
UR  - https://doi.org/10.2991/978-94-6463-198-2_117
DO  - 10.2991/978-94-6463-198-2_117
ID  - Wang2023
ER  -