SlideShare una empresa de Scribd logo
1 de 98
DATA ANALYTICS AND ARTIFICIAL INTELLIGENCE IN
DIGITAL ERA
SOCIAL MEDIA AND E-COMMERCE IMPACT
SAURABH GUPTA, PhD
NIT Raipur
1
• WHY
• Need of such a theme
• WHAT
• It means - Components of AI and DA in e-commerce and social media
• HOW
• More can be done
2
TECHNO-MANAGERIAL MINDSET
3
4
5
WHY
6
7
8
Disney movies use ODE and PDE
https://www.youtube.com/watch?v=AIsReykd3lA
GENERAL PDE EXAMPLES
MATHEMATICAL OPTIMIZATION PROBLEM
- MARKET SKILL FIT
9
- Grassroot
- Frugal
- Disruptive
- Radical
- Incremental
10
11
a can have more than 1 lakh management innovations/
5,00,000/5 = 1,00,000
• https://twitter.com/anilgb/status/1099378435728781312?s=08
INNOVATION
INVENTION X COMMERCIALIZATION
1 X 0 = 0
0 X 1 = 0
1 X 1=1
12
• Why I became interested in AI and why you should ?
• You have to become an efficient problem solver, and
have to develop the mindset to identify right
problems and give right solutions which minimises
input resources and maximise KPIs
13
14
ACCORDING TO GARTNER, DESPITE TALENT SHORTAGES,
THE PERCENTAGE OF ENTERPRISES EMPLOYING AI GREW
270 PERCENT OVER THE PAST FOUR YEARS
15
WHAT
• More Innovations cane be done and further enterprises and jobs can be created
• Efficient use of human resource
• Will help to harness demographic dividend
• The working-age population will reach the highest proportion of approximately 65%
in 2036
• Can penetrate global markets more easily
• Will help us to grow despite limited natural resources - Land, Water, Oil
• Can make the quality of life better for people around us
16
- SETH GODIN
Artificial intelligence does a job we weren't necessarily crazy about doing
anyway, it does it quietly, and well, and then we take it for granted”.
17
• Artificial intelligence can be classified into three different
types of systems:
• analytical - Cognitive Intelligence
• human-inspired - Cognitive and Emotional
Intelligence
• humanised artificial intelligence - all types of
competencies (i.e., cognitive, emotional, and social
intelligence), is able to be self-conscious and is self-
aware in interactions. 18
19
20
21
22
23
24
APPLICATIONS OF AI AND DATA
ANALYTICS
25
AGENT
an intelligent agent (IA) refers to
an autonomous entity which acts,
directing its activity towards
achieving goals (i.e. it is an agent),
upon an environment using
observation through sensors and
consequent actuators (i.e. it is
intelligent).
26
WORRY LINES: ARE
PHOTO APPS
LIKE FACEAPP A
PRIVACY THREAT?
- By engaging with the app, shutter-happy
users face the risk of forgoing
copyright to their faces
- By using the app, people were handing
them over the permission to use their
edited photos anywhere, including for
commercial purposes.
27
TIK TOK
15-second video-based app
28
IN FACT, A RECENT STUDY BY GARTNER SUGGESTS THAT AS MUCH AS 85% OF
CUSTOMER INTERACTIONS WILL BE MANAGED WITHOUT A HUMAN BY AS
SOON AS 2020.
CHATBOTS ARE ALSO EXPECTED TO BE THE NO. 1 CONSUMER APPLICATIONS
OF AI OVER THE NEXT FIVE YEARS, ACCORDING TO TECH EMERGENCE.
29
• More than 11,000 bots came online soon after Facebook
released a bot-development platform for Messenger.
• Kik, WhatsApp, Slack, Snapchat, and Skype
• NLP technology allows your business to create custom bots
30
AI AND DA IN E COMMERCE
• 1. Create customer-centric search
• consumers often abandon e-commerce experiences because the product results displayed are often irrelevant.
• Twiggle utilises natural language processing to narrow, contextualise and ultimately improve search results for online
shoppers.
• Clarifai - focus on visual elements of search : AI with vision
• They enable developers to build smarter apps that ‘see the world like you do’, empowering businesses to develop a
customer-centric experience through advanced image and video recognition.
• AI software automatically tags, organises and visually searches content by labelling features of the image or video.
• We can teach AI to understand any concept, whether it’s a logo, product, or aesthetic
• these new models can be used in conjunction with existing pre-built models (e.g. general, colour, food, wedding,
travel etc.) to browse or search media assets using keyword tags or visual similarity.
31
• Pinterest’s recent update of
its Chrome extension
enables users to select an
item in any photograph
online, and then ask
Pinterest to surface similar
items using image
recognition software.
32
• Shoppers are rapidly waving goodbye to impulse control
• AI is enabling shoppers to discover complementary products
whether it is size, colour, shape, fabric or even brand.
• The consumer no longer needs to be shopping to see
something they would like to purchase. For example, they
may take a liking to a friend’s new dress or a work colleagues
new pair of gym Nike’s.
33
• 2. Retarget potential customers
• According to Conversica, at least 33% of marketing leads are not followed up
by the sales team.
• Furthermore, many businesses are overloaded with unmanageable customer
data that they do little or nothing with.
• This is an incredible goldmine of intelligence that could be used to enhance
the sales cycle.
• some businesses are now using facial recognition to capture customer dwell
times in the physical store.
• Then anticipate special offers on customer’s computer screens based on their
in-store dwell time.
34
EMOTIONAL
ANALYSIS USING
CAMERAS
35
• 3. Identify exceptional target prospects
• Lead Generation
• Predictive marketing
• Through Mintigo’s software, Getty images has successfully
generated significant new leads by capturing the data that
shows which businesses have websites featuring images from
Getty's competitors.
• gives the sales team a competitive advantage to win new
business.
36
• 4. Create a more efficient sales process
• Integrating AI and Customer Relationship Management
• Many AI systems enable natural language learning and voice input such as
Siri or Alexa.
• By using IBM’s AI solution called Watson, North Face enable online shoppers
to discover their perfect jacket.
• They achieve this by asking the customer questions e.g. “where and when will
you be using your jacket?”
• IBM’s software then scans hundreds of products to find perfect matches based
on real-time customer input and its own research e.g. such as weather
conditions in the local area.
37
• 5. Create a new level of personalisation across multiple devices
• new deep levels of personalisation have started to penetrate the fast-growing e-
commerce world
• Boomtrain - The AI Marketing Platform where you spend less time deploying
marketing campaigns and more time connecting with your audience. Helps you
understand and communicate with your customers on an individual level, at any
scale
• Whether it is a mobile application, the website, or an email campaign, the AI
engine is continuously monitoring all devices and channels to create a universal
customer view.
• The next time a customer is browsing iPhone cases on your website, they
may receive a push notification on their mobile, informing them about your
flash sale for iPhone cases.
38
• 6. Provide a personal touch with chatbots
• commerce is now focused on building experiences for
the individual, and not the mass market.
• ‘conversational commerce’
• confluence of visual, vocal, written and predictive
capabilities.
• possible to integrate a chatbot system into a shopping
cart.
39
• 7. Empower store workers
• replicate the helpful experience in-store (VIRTUAL
REALITY/ AUGMENTED REALITY)
• LOWE - The tall shopping assistant greets customers
at the door, guides them around the store, sources
relevant product information and even assists
employees with inventory management.
• AMAZON Store in San Francisco
40
• 8. Implement virtual assistants
• The advances for virtual assistants are rooted in
natural language processing and the machine’s
ability to interpret what people are saying in words or
text.
• Booking cabs, order groceries etc.
41
• 9. Integrate with everyday household items
• partnership between Amazon’s Alexa and LG’s Smart
InstaView refrigerators.
• You’ll never have to run to the shop for milk again.
42
• 10. Improve recommendations for customers
• personalised shopping experience for the consumer.
• brands can more intelligently and efficiently scan
through petabytes of data to predict customer behaviour
• Starbucks recently launched ‘My Starbucks Barista’,
which utilises AI to enable customers to place orders
with voice command or messaging.
• Amazon, Netflix, eBay
43
• 11. Introduce virtual personal shoppers (VR/ AR)
• AI is also enabling brands to create purposely-built
‘shoppers’ to assist their customers online.
• perks of offline experience to the online experience.
• Flipkart’s Ping, Macy’s on call - uses Watson’s Natural
Language API,
44
• 12. Work with intelligent agents
• intelligent agent negotiation systems
• There are 3 main functions performed by the automated agent:
• matching buyers and sellers;
• facilitating transactions; and
• providing institutional infrastructure.
• The agents are completely automated and have full control over their actions.
• They have their own communication language and not only react to their environment,
but are also capable of using their initiative such as generating their own targets.
• It’s AI at its utmost brilliance, and finally they are useful for e-commerce.
45
• 13. Build an ‘assortment intelligence’ tool
• Helps retailers to change their pricing strategies.
• a tool that facilitates an unprecedented level of 24/7
visibility and valuable insights into competitors’ product
assortments.
• The intelligent software puts retailers in a strong
position to make specific assortment and planning
decisions
46
• 14. Bridge the gap between personalisation and
privacy
• Brands are actively striving to take transparency,
security and honesty to an entire new level.
• The AI enables retailers to provide outstanding
experiences throughout a user’s day even if they are
not physically browsing the e-commerce store.
47
• 15. Generate sales through wearable technology
• wearables have the impressive ability to collect data
beyond just what e-commerce platforms do today.
• Some wearable technology can see what products you
view, define your taste, and can instantly recommend
personalised products.
• vital statistics, measurements and pupil dilation rate
helps in this
48
• 16. Improve dialogue systems
• a customer may ask “how many USB ports are there
on this specific laptop?”. More complex questions
would include “does this camera work indoors?” or
“which TV out of these two has better image
quality?”.
• Speech to text and vice versa
49
• 17. Tackle fake reviews
• fake reviews for their brand (Positive or Negative)
• 90 percent of respondents who recalled reading online
reviews claimed that positive online reviews influenced buying
decisions.
• “Astroturfing” - deceptive practice of presenting an orchestrated
marketing
• deceptive practice of presenting an orchestrated marketing
• preference to those reviews that are marked as helpful by
other users 50
• 18. Combat counterfeit products
• When the consumer buys a product that looks legitimate but performs
poorly, it can leave a sour taste and negatively impact the consumer’s
perception of the brand.
• The tech company draws on data from multiple online marketplaces and
analyses it to determine which products are in fact counterfeit.
• Identifying a potential counterfeit product
• posting rate of an account,
• what kind of items it sells and
• even potentially fake reviews on listed items
51
• 19. Localise the customer experience
• Wayblazer - AI platform for the travel industry
• the business can successfully personalise local
recommendations for consumers
• https://www.youtube.com/watch?time_continue=5&v=p9rjGSy1KYk
• e.g. “where can I go rock climbing on my honeymoon?”.
• The AI systems can then provide personalised
recommendations for points of interest and local insights that
you never knew existed.
52
• 20. Text Analysis
• Tracking Social media feed for targeting e-commerce
products by understanding the language of text.
• Sentiment Analysis, parsing the sentence to
understand human emotions
53
Connecting AI and e commerce will ensure that
customers will no longer be offered products and
services that are inappropriate.
54
AI AND DA IN SOCIAL MEDIA
• Human AI - Emotion Analysis using face recognition
55
• Speech (Alexa, Siri) for posting on feeds, tweets etc.
• voice - new identity over internet after mail, phone
number
• Inferences from text, speech and images using NLP
Rumours, fake news, fake images, hate speeches,
detecting mass shooters, privacy concerns
56
• Recently, researchers at the Max Planck Institute for
Informatics developed an AI framework known
as (FAIRY) Framework for Activity-Item Relationship
DiscoverY.
• This framework systematically discovers, ranks, and
explains relationships between users’ actions and
items in their social media feeds.
57
PROBLEMS WITH
AI
White Male Dominant
Patents
Who owns the data
58
TYPES OF AI
• Artificial General Intelligence
• Human Centred AI
• Explainable AI
• Ethical AI
59
PEOPLE WHO USE AI AND DA WITH
THEIR SKILLSETS WILL BE MORE
EFFICIENT THEN PEOPLE WHO
DON'T
60
FUTURE OF AI AND DA IN
E-COMMERCE AND SOCIAL MEDIA
61
• Future of social networking
• More secure networks
• You will be paid for your data
• Addressing cyberbullying
• Digital Literacy
• Fake news/ Rumours control
• More Human/ Personal - Design Thinking Approach
• Voice Based, sharing personal chats anonymously, connecting to people having same emotions
• Nextdoor - only for neighbourhoods,
• AI to sort messages, tweets better so that important ones should not be missed
• Blockchain based Social Networks
62
HOW
By Developing
- Entrepreneurial Mindset
- Innovator Mindset
- Growth Mindset
63
64
Bringing Innovations together - Connecting the DOTS
65
66
MOST IMPORTANT ALGORITHMS
• Linear Regression
• Logistic Regression
• Classification and Regression Trees
• K- nearest neighbours
• K-means clustering
• Deep Reinforcement Learning Algorithms - Generative Adversarial Network (GAN)
• Fake Images in Stanford University
67
SCIENCE FICTION
68
• SELF DISCOVERY
• Finding your flow
69
70
71
DESIGN THINKING
- FOR ALL
72
– Ken Robinson
“Creativity is as important as literacy in education”
73
Principles of Effectuation
74
75
IDENTIFYING A RIGHT PROBLEM
• Go out, look around young identify a problem that you can spot. Explain the context also.
• What opportunities you can perceive from the above problem ?
• Who is the person having that pain point ?
• What according to these people are the main pain points ?
• What is the job to be done ?
• Keep my teeth healthy instead of Brushing teeth in the morning
• Preserving memories instead of clicking pictures
• What job is currently getting done ?
• How is the these people doing this job today ?
• Does this seems to be problem “WORTH SOLVING”
76
HAVELL’S
ADVERTISEMENT
77
• Interdisciplinary Education
• Subjects like
• behavioural economics and decision theory
• Experiential Learning
• Makerspace Culture
• Makers Mindset/ Entrepreneurial Mindset
• Self Reflection
78
• Describe the problem worth solving that you have identified
79
SOLVING - MOONSHOT
CHALLENGES
ADDRESSING - UNMET NEEDS
80
A project or proposal that:
1.Addresses a huge problem
2.Proposes a radical solution
3.Uses breakthrough
technology
Google Glass
Project Loon
Driverless Car
IDEATHONS
HACKATHONS
81
MYTHS ABOUT
INNOVATORS/ ENTREPRENEURS
• High Achievers
• Individuals
• Born and are not “made”
• Love Risks
• Charismatic
• Undisciplined
82
SKILL SET IN THE AGE OF AI
• Empathy
83
“Innovative (Invention X Commercialisation) Projects is the way to
go for people in technomanagerial roles”
84
THANKS
AICTE MODEL CURRICULUM
• Courses in Emerging areas
• AI
• IoT
• Blockchain
• Robotics
• Quantum Computing
• Data Sciences
• Cybersecurity
• 3D Printing and Design
• AR/ VR
85
RECENT INNOVATIONS FROM
INDIA TO THE WORLD
• Billion biometrics, bank accounts, mobiles
• Data consumption is cheaper and more than US+China
• BHIM app could make Credit Card redundant
86
• Frugal Innovations
• GE ECG machine
• 35000 USD in US, 3500 USD in India
• 1 USD cost for ECG in comparison to 35 USD in US
• High quality artificial foot prices at 10,000 USD is 300 times cheaper
• High quality cataract eye surgery at 3,000 USD id 100 times cheaper
• Indian Innovations are for 18% of world population
87
• According to Bruce Sterling “the most significant
innovation in computer technology in 2001 was not
Apple’s gleaming titanium Powerbook G4 or Microsoft
Windows XP rather it was a Simputer - a network linked,
radically simple portable computer intended to bring
computer revolution to third world”
88
WHEN AND WHERE
89
NOW AND HERE
WIKIPEDIA GAME
90
• Techpedia (from SRISTI
Foundation) is one platform
that can be explored
• Shodhyatra
• Visit to extreme places to
identify Innovators
91
• Polevaulting is required
• No legacy of technology
• Sunrise Industries
• new and growing industries
• Electric vehicles, battery storage, renewable energy
92
PASSION TO IDEA/ INNOVATION
• Knowledge
• Capability
• Connections
• Financial Assets
• Name Recognition
• Past Working Experience
• Passion
• Commitment
93
• We can solve the problems like the following
• 1 nurse/ 1000-2000 people in India
• 0.7 hospital beds/ 1000 people
• Doctor to Patient ratio is 79.7/ lakh
• Recent viral video of reporter in hospital ward
• 22 times more engineers then doctors in India
94
• India’s most intractable problems
• Universal drinking water
• Better batteries that can work with other forms of renewable
energy
• Affordable housing
• Medical diagnostics
• Infrastructure
• Waste Management
95
• Solutions do not exist in silos
• Executable ideas require the support of four levers
• Technology
• Policy
• Social Engagement
• Economics
96
97
98

Más contenido relacionado

La actualidad más candente

Artificial intelligence in business
Artificial intelligence in businessArtificial intelligence in business
Artificial intelligence in business
Nisha Choudhary
 
AI Presentation.pptx
AI Presentation.pptxAI Presentation.pptx
AI Presentation.pptx
PTejaswini6
 

La actualidad más candente (20)

AI in Fintech
AI in FintechAI in Fintech
AI in Fintech
 
Cognitive AI Tutorial | Edureka
Cognitive AI Tutorial | EdurekaCognitive AI Tutorial | Edureka
Cognitive AI Tutorial | Edureka
 
Fingerprints recognition
Fingerprints recognitionFingerprints recognition
Fingerprints recognition
 
Artificial intelligence in business
Artificial intelligence in businessArtificial intelligence in business
Artificial intelligence in business
 
Artificial Intelligence
Artificial IntelligenceArtificial Intelligence
Artificial Intelligence
 
Power Point Presentation on Artificial Intelligence and Cool Current Projects...
Power Point Presentation on Artificial Intelligence and Cool Current Projects...Power Point Presentation on Artificial Intelligence and Cool Current Projects...
Power Point Presentation on Artificial Intelligence and Cool Current Projects...
 
Artificial intelligence - An Overview
Artificial intelligence - An OverviewArtificial intelligence - An Overview
Artificial intelligence - An Overview
 
Artificial Intelligence - For All
Artificial Intelligence - For AllArtificial Intelligence - For All
Artificial Intelligence - For All
 
AI Presentation.pptx
AI Presentation.pptxAI Presentation.pptx
AI Presentation.pptx
 
Artificial inteligence
Artificial inteligenceArtificial inteligence
Artificial inteligence
 
Artificial intelligence and its application
Artificial intelligence and its applicationArtificial intelligence and its application
Artificial intelligence and its application
 
AI
AIAI
AI
 
Artificial inteligence
Artificial inteligenceArtificial inteligence
Artificial inteligence
 
Artificial intelligence
Artificial intelligenceArtificial intelligence
Artificial intelligence
 
Global AI Conference Presentation - Machine Learning for SMB
Global AI Conference Presentation - Machine Learning for SMBGlobal AI Conference Presentation - Machine Learning for SMB
Global AI Conference Presentation - Machine Learning for SMB
 
Computer vision
Computer visionComputer vision
Computer vision
 
Artificial Intelligence
Artificial IntelligenceArtificial Intelligence
Artificial Intelligence
 
Artificial Intelligence (A.I) and Its Application -Seminar
Artificial Intelligence (A.I) and Its Application -SeminarArtificial Intelligence (A.I) and Its Application -Seminar
Artificial Intelligence (A.I) and Its Application -Seminar
 
Artificial Intelligence
Artificial IntelligenceArtificial Intelligence
Artificial Intelligence
 
Living on the edge AI Artificial Intelligence - ROBOTICS - edge computing
Living on the edge  AI Artificial Intelligence - ROBOTICS - edge computingLiving on the edge  AI Artificial Intelligence - ROBOTICS - edge computing
Living on the edge AI Artificial Intelligence - ROBOTICS - edge computing
 

Similar a Data analytics and artificial intelligence in digital era

Similar a Data analytics and artificial intelligence in digital era (20)

ALL ABOUT ARTIFICIAL INTELLIGENCE
ALL  ABOUT ARTIFICIAL INTELLIGENCEALL  ABOUT ARTIFICIAL INTELLIGENCE
ALL ABOUT ARTIFICIAL INTELLIGENCE
 
Application of Artificial Intelligence in E-commerce
Application of Artificial Intelligence in E-commerceApplication of Artificial Intelligence in E-commerce
Application of Artificial Intelligence in E-commerce
 
NRF Retail's Big Show
NRF Retail's Big ShowNRF Retail's Big Show
NRF Retail's Big Show
 
Role, application and use cases of ai-ml in next-gen social networks (1)
Role, application and use cases of ai-ml in next-gen social networks (1)Role, application and use cases of ai-ml in next-gen social networks (1)
Role, application and use cases of ai-ml in next-gen social networks (1)
 
Artificial Intelligence Trends 2019
Artificial Intelligence Trends 2019Artificial Intelligence Trends 2019
Artificial Intelligence Trends 2019
 
Digital trends: AI in marketing
Digital trends: AI in marketingDigital trends: AI in marketing
Digital trends: AI in marketing
 
Artificial intiligance in digital marketing.pdf
Artificial intiligance in digital marketing.pdfArtificial intiligance in digital marketing.pdf
Artificial intiligance in digital marketing.pdf
 
Using artificial intelligence in travel, tourism and hospitality industry
Using artificial intelligence in travel, tourism and hospitality industryUsing artificial intelligence in travel, tourism and hospitality industry
Using artificial intelligence in travel, tourism and hospitality industry
 
Multi channel strategy individual presentation
Multi channel strategy individual presentationMulti channel strategy individual presentation
Multi channel strategy individual presentation
 
AI in Retail
AI in RetailAI in Retail
AI in Retail
 
NRF Exhibitor Big !deas: Retail's Big Show 2016 Presentation
NRF Exhibitor Big !deas: Retail's Big Show 2016 Presentation NRF Exhibitor Big !deas: Retail's Big Show 2016 Presentation
NRF Exhibitor Big !deas: Retail's Big Show 2016 Presentation
 
The Impact of Artificial Intelligence and Digital Disruption on the Supply Chain
The Impact of Artificial Intelligence and Digital Disruption on the Supply ChainThe Impact of Artificial Intelligence and Digital Disruption on the Supply Chain
The Impact of Artificial Intelligence and Digital Disruption on the Supply Chain
 
Artificial Intelligence
Artificial IntelligenceArtificial Intelligence
Artificial Intelligence
 
THIS IS HOW AI WILL CHANGE THE FACE OF MARKETING IN 2024
THIS IS HOW AI WILL CHANGE THE FACE OF MARKETING IN 2024THIS IS HOW AI WILL CHANGE THE FACE OF MARKETING IN 2024
THIS IS HOW AI WILL CHANGE THE FACE OF MARKETING IN 2024
 
Artificial intelligence chatbot Report
Artificial intelligence chatbot ReportArtificial intelligence chatbot Report
Artificial intelligence chatbot Report
 
tRetail Summit 2014 May 2014 Personalisation, Context, Proximity. IoT and wea...
tRetail Summit 2014 May 2014 Personalisation, Context, Proximity. IoT and wea...tRetail Summit 2014 May 2014 Personalisation, Context, Proximity. IoT and wea...
tRetail Summit 2014 May 2014 Personalisation, Context, Proximity. IoT and wea...
 
Artificial Intelligence: Evolution and its Impact on Marketing
Artificial Intelligence: Evolution and its Impact on MarketingArtificial Intelligence: Evolution and its Impact on Marketing
Artificial Intelligence: Evolution and its Impact on Marketing
 
AI-Powered Strategies are Transforming Social Media Marketing.
AI-Powered Strategies are Transforming Social Media Marketing.AI-Powered Strategies are Transforming Social Media Marketing.
AI-Powered Strategies are Transforming Social Media Marketing.
 
AI applications
AI applicationsAI applications
AI applications
 
Application of Artificial Intelligence
Application of Artificial IntelligenceApplication of Artificial Intelligence
Application of Artificial Intelligence
 

Más de Saurabh Gupta

Más de Saurabh Gupta (8)

Desgin thinking mindset @saurabhgupta218
Desgin thinking mindset @saurabhgupta218Desgin thinking mindset @saurabhgupta218
Desgin thinking mindset @saurabhgupta218
 
Practical challenges in design thinking solutions in AI and IoT@saurabhgupta218
Practical challenges in design thinking solutions in AI and IoT@saurabhgupta218Practical challenges in design thinking solutions in AI and IoT@saurabhgupta218
Practical challenges in design thinking solutions in AI and IoT@saurabhgupta218
 
Innovative project based learning in engineering and technology@saurabhgupta218
Innovative project based learning in engineering and technology@saurabhgupta218Innovative project based learning in engineering and technology@saurabhgupta218
Innovative project based learning in engineering and technology@saurabhgupta218
 
How covid19 accelerated the future of "everything" with exponential...
How covid19 accelerated the future of "everything" with exponential...How covid19 accelerated the future of "everything" with exponential...
How covid19 accelerated the future of "everything" with exponential...
 
Design Thinking@saurabhgupta218
Design Thinking@saurabhgupta218Design Thinking@saurabhgupta218
Design Thinking@saurabhgupta218
 
Co-creating Innovation and Entrepreneurship: Role of Academia
Co-creating Innovation and Entrepreneurship: Role of AcademiaCo-creating Innovation and Entrepreneurship: Role of Academia
Co-creating Innovation and Entrepreneurship: Role of Academia
 
JRF for DST Project, NIT Raipur
JRF for DST Project, NIT RaipurJRF for DST Project, NIT Raipur
JRF for DST Project, NIT Raipur
 
GIAN course at NIT Raipur
GIAN course at NIT RaipurGIAN course at NIT Raipur
GIAN course at NIT Raipur
 

Último

Último (20)

Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdf
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
80 ĐỀ THI THỬ TUYỂN SINH TIẾNG ANH VÀO 10 SỞ GD – ĐT THÀNH PHỐ HỒ CHÍ MINH NĂ...
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
Graduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - EnglishGraduate Outcomes Presentation Slides - English
Graduate Outcomes Presentation Slides - English
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptx
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 

Data analytics and artificial intelligence in digital era

  • 1. DATA ANALYTICS AND ARTIFICIAL INTELLIGENCE IN DIGITAL ERA SOCIAL MEDIA AND E-COMMERCE IMPACT SAURABH GUPTA, PhD NIT Raipur 1
  • 2. • WHY • Need of such a theme • WHAT • It means - Components of AI and DA in e-commerce and social media • HOW • More can be done 2
  • 4. 4
  • 5. 5
  • 7. 7
  • 8. 8 Disney movies use ODE and PDE https://www.youtube.com/watch?v=AIsReykd3lA GENERAL PDE EXAMPLES
  • 10. - Grassroot - Frugal - Disruptive - Radical - Incremental 10
  • 11. 11 a can have more than 1 lakh management innovations/ 5,00,000/5 = 1,00,000 • https://twitter.com/anilgb/status/1099378435728781312?s=08
  • 12. INNOVATION INVENTION X COMMERCIALIZATION 1 X 0 = 0 0 X 1 = 0 1 X 1=1 12
  • 13. • Why I became interested in AI and why you should ? • You have to become an efficient problem solver, and have to develop the mindset to identify right problems and give right solutions which minimises input resources and maximise KPIs 13
  • 14. 14
  • 15. ACCORDING TO GARTNER, DESPITE TALENT SHORTAGES, THE PERCENTAGE OF ENTERPRISES EMPLOYING AI GREW 270 PERCENT OVER THE PAST FOUR YEARS 15
  • 16. WHAT • More Innovations cane be done and further enterprises and jobs can be created • Efficient use of human resource • Will help to harness demographic dividend • The working-age population will reach the highest proportion of approximately 65% in 2036 • Can penetrate global markets more easily • Will help us to grow despite limited natural resources - Land, Water, Oil • Can make the quality of life better for people around us 16
  • 17. - SETH GODIN Artificial intelligence does a job we weren't necessarily crazy about doing anyway, it does it quietly, and well, and then we take it for granted”. 17
  • 18. • Artificial intelligence can be classified into three different types of systems: • analytical - Cognitive Intelligence • human-inspired - Cognitive and Emotional Intelligence • humanised artificial intelligence - all types of competencies (i.e., cognitive, emotional, and social intelligence), is able to be self-conscious and is self- aware in interactions. 18
  • 19. 19
  • 20. 20
  • 21. 21
  • 22. 22
  • 23. 23
  • 24. 24
  • 25. APPLICATIONS OF AI AND DATA ANALYTICS 25
  • 26. AGENT an intelligent agent (IA) refers to an autonomous entity which acts, directing its activity towards achieving goals (i.e. it is an agent), upon an environment using observation through sensors and consequent actuators (i.e. it is intelligent). 26
  • 27. WORRY LINES: ARE PHOTO APPS LIKE FACEAPP A PRIVACY THREAT? - By engaging with the app, shutter-happy users face the risk of forgoing copyright to their faces - By using the app, people were handing them over the permission to use their edited photos anywhere, including for commercial purposes. 27
  • 29. IN FACT, A RECENT STUDY BY GARTNER SUGGESTS THAT AS MUCH AS 85% OF CUSTOMER INTERACTIONS WILL BE MANAGED WITHOUT A HUMAN BY AS SOON AS 2020. CHATBOTS ARE ALSO EXPECTED TO BE THE NO. 1 CONSUMER APPLICATIONS OF AI OVER THE NEXT FIVE YEARS, ACCORDING TO TECH EMERGENCE. 29
  • 30. • More than 11,000 bots came online soon after Facebook released a bot-development platform for Messenger. • Kik, WhatsApp, Slack, Snapchat, and Skype • NLP technology allows your business to create custom bots 30
  • 31. AI AND DA IN E COMMERCE • 1. Create customer-centric search • consumers often abandon e-commerce experiences because the product results displayed are often irrelevant. • Twiggle utilises natural language processing to narrow, contextualise and ultimately improve search results for online shoppers. • Clarifai - focus on visual elements of search : AI with vision • They enable developers to build smarter apps that ‘see the world like you do’, empowering businesses to develop a customer-centric experience through advanced image and video recognition. • AI software automatically tags, organises and visually searches content by labelling features of the image or video. • We can teach AI to understand any concept, whether it’s a logo, product, or aesthetic • these new models can be used in conjunction with existing pre-built models (e.g. general, colour, food, wedding, travel etc.) to browse or search media assets using keyword tags or visual similarity. 31
  • 32. • Pinterest’s recent update of its Chrome extension enables users to select an item in any photograph online, and then ask Pinterest to surface similar items using image recognition software. 32
  • 33. • Shoppers are rapidly waving goodbye to impulse control • AI is enabling shoppers to discover complementary products whether it is size, colour, shape, fabric or even brand. • The consumer no longer needs to be shopping to see something they would like to purchase. For example, they may take a liking to a friend’s new dress or a work colleagues new pair of gym Nike’s. 33
  • 34. • 2. Retarget potential customers • According to Conversica, at least 33% of marketing leads are not followed up by the sales team. • Furthermore, many businesses are overloaded with unmanageable customer data that they do little or nothing with. • This is an incredible goldmine of intelligence that could be used to enhance the sales cycle. • some businesses are now using facial recognition to capture customer dwell times in the physical store. • Then anticipate special offers on customer’s computer screens based on their in-store dwell time. 34
  • 36. • 3. Identify exceptional target prospects • Lead Generation • Predictive marketing • Through Mintigo’s software, Getty images has successfully generated significant new leads by capturing the data that shows which businesses have websites featuring images from Getty's competitors. • gives the sales team a competitive advantage to win new business. 36
  • 37. • 4. Create a more efficient sales process • Integrating AI and Customer Relationship Management • Many AI systems enable natural language learning and voice input such as Siri or Alexa. • By using IBM’s AI solution called Watson, North Face enable online shoppers to discover their perfect jacket. • They achieve this by asking the customer questions e.g. “where and when will you be using your jacket?” • IBM’s software then scans hundreds of products to find perfect matches based on real-time customer input and its own research e.g. such as weather conditions in the local area. 37
  • 38. • 5. Create a new level of personalisation across multiple devices • new deep levels of personalisation have started to penetrate the fast-growing e- commerce world • Boomtrain - The AI Marketing Platform where you spend less time deploying marketing campaigns and more time connecting with your audience. Helps you understand and communicate with your customers on an individual level, at any scale • Whether it is a mobile application, the website, or an email campaign, the AI engine is continuously monitoring all devices and channels to create a universal customer view. • The next time a customer is browsing iPhone cases on your website, they may receive a push notification on their mobile, informing them about your flash sale for iPhone cases. 38
  • 39. • 6. Provide a personal touch with chatbots • commerce is now focused on building experiences for the individual, and not the mass market. • ‘conversational commerce’ • confluence of visual, vocal, written and predictive capabilities. • possible to integrate a chatbot system into a shopping cart. 39
  • 40. • 7. Empower store workers • replicate the helpful experience in-store (VIRTUAL REALITY/ AUGMENTED REALITY) • LOWE - The tall shopping assistant greets customers at the door, guides them around the store, sources relevant product information and even assists employees with inventory management. • AMAZON Store in San Francisco 40
  • 41. • 8. Implement virtual assistants • The advances for virtual assistants are rooted in natural language processing and the machine’s ability to interpret what people are saying in words or text. • Booking cabs, order groceries etc. 41
  • 42. • 9. Integrate with everyday household items • partnership between Amazon’s Alexa and LG’s Smart InstaView refrigerators. • You’ll never have to run to the shop for milk again. 42
  • 43. • 10. Improve recommendations for customers • personalised shopping experience for the consumer. • brands can more intelligently and efficiently scan through petabytes of data to predict customer behaviour • Starbucks recently launched ‘My Starbucks Barista’, which utilises AI to enable customers to place orders with voice command or messaging. • Amazon, Netflix, eBay 43
  • 44. • 11. Introduce virtual personal shoppers (VR/ AR) • AI is also enabling brands to create purposely-built ‘shoppers’ to assist their customers online. • perks of offline experience to the online experience. • Flipkart’s Ping, Macy’s on call - uses Watson’s Natural Language API, 44
  • 45. • 12. Work with intelligent agents • intelligent agent negotiation systems • There are 3 main functions performed by the automated agent: • matching buyers and sellers; • facilitating transactions; and • providing institutional infrastructure. • The agents are completely automated and have full control over their actions. • They have their own communication language and not only react to their environment, but are also capable of using their initiative such as generating their own targets. • It’s AI at its utmost brilliance, and finally they are useful for e-commerce. 45
  • 46. • 13. Build an ‘assortment intelligence’ tool • Helps retailers to change their pricing strategies. • a tool that facilitates an unprecedented level of 24/7 visibility and valuable insights into competitors’ product assortments. • The intelligent software puts retailers in a strong position to make specific assortment and planning decisions 46
  • 47. • 14. Bridge the gap between personalisation and privacy • Brands are actively striving to take transparency, security and honesty to an entire new level. • The AI enables retailers to provide outstanding experiences throughout a user’s day even if they are not physically browsing the e-commerce store. 47
  • 48. • 15. Generate sales through wearable technology • wearables have the impressive ability to collect data beyond just what e-commerce platforms do today. • Some wearable technology can see what products you view, define your taste, and can instantly recommend personalised products. • vital statistics, measurements and pupil dilation rate helps in this 48
  • 49. • 16. Improve dialogue systems • a customer may ask “how many USB ports are there on this specific laptop?”. More complex questions would include “does this camera work indoors?” or “which TV out of these two has better image quality?”. • Speech to text and vice versa 49
  • 50. • 17. Tackle fake reviews • fake reviews for their brand (Positive or Negative) • 90 percent of respondents who recalled reading online reviews claimed that positive online reviews influenced buying decisions. • “Astroturfing” - deceptive practice of presenting an orchestrated marketing • deceptive practice of presenting an orchestrated marketing • preference to those reviews that are marked as helpful by other users 50
  • 51. • 18. Combat counterfeit products • When the consumer buys a product that looks legitimate but performs poorly, it can leave a sour taste and negatively impact the consumer’s perception of the brand. • The tech company draws on data from multiple online marketplaces and analyses it to determine which products are in fact counterfeit. • Identifying a potential counterfeit product • posting rate of an account, • what kind of items it sells and • even potentially fake reviews on listed items 51
  • 52. • 19. Localise the customer experience • Wayblazer - AI platform for the travel industry • the business can successfully personalise local recommendations for consumers • https://www.youtube.com/watch?time_continue=5&v=p9rjGSy1KYk • e.g. “where can I go rock climbing on my honeymoon?”. • The AI systems can then provide personalised recommendations for points of interest and local insights that you never knew existed. 52
  • 53. • 20. Text Analysis • Tracking Social media feed for targeting e-commerce products by understanding the language of text. • Sentiment Analysis, parsing the sentence to understand human emotions 53
  • 54. Connecting AI and e commerce will ensure that customers will no longer be offered products and services that are inappropriate. 54
  • 55. AI AND DA IN SOCIAL MEDIA • Human AI - Emotion Analysis using face recognition 55
  • 56. • Speech (Alexa, Siri) for posting on feeds, tweets etc. • voice - new identity over internet after mail, phone number • Inferences from text, speech and images using NLP Rumours, fake news, fake images, hate speeches, detecting mass shooters, privacy concerns 56
  • 57. • Recently, researchers at the Max Planck Institute for Informatics developed an AI framework known as (FAIRY) Framework for Activity-Item Relationship DiscoverY. • This framework systematically discovers, ranks, and explains relationships between users’ actions and items in their social media feeds. 57
  • 58. PROBLEMS WITH AI White Male Dominant Patents Who owns the data 58
  • 59. TYPES OF AI • Artificial General Intelligence • Human Centred AI • Explainable AI • Ethical AI 59
  • 60. PEOPLE WHO USE AI AND DA WITH THEIR SKILLSETS WILL BE MORE EFFICIENT THEN PEOPLE WHO DON'T 60
  • 61. FUTURE OF AI AND DA IN E-COMMERCE AND SOCIAL MEDIA 61
  • 62. • Future of social networking • More secure networks • You will be paid for your data • Addressing cyberbullying • Digital Literacy • Fake news/ Rumours control • More Human/ Personal - Design Thinking Approach • Voice Based, sharing personal chats anonymously, connecting to people having same emotions • Nextdoor - only for neighbourhoods, • AI to sort messages, tweets better so that important ones should not be missed • Blockchain based Social Networks 62
  • 63. HOW By Developing - Entrepreneurial Mindset - Innovator Mindset - Growth Mindset 63
  • 64. 64 Bringing Innovations together - Connecting the DOTS
  • 65. 65
  • 66. 66
  • 67. MOST IMPORTANT ALGORITHMS • Linear Regression • Logistic Regression • Classification and Regression Trees • K- nearest neighbours • K-means clustering • Deep Reinforcement Learning Algorithms - Generative Adversarial Network (GAN) • Fake Images in Stanford University 67
  • 69. • SELF DISCOVERY • Finding your flow 69
  • 70. 70
  • 71. 71
  • 73. – Ken Robinson “Creativity is as important as literacy in education” 73
  • 75. 75
  • 76. IDENTIFYING A RIGHT PROBLEM • Go out, look around young identify a problem that you can spot. Explain the context also. • What opportunities you can perceive from the above problem ? • Who is the person having that pain point ? • What according to these people are the main pain points ? • What is the job to be done ? • Keep my teeth healthy instead of Brushing teeth in the morning • Preserving memories instead of clicking pictures • What job is currently getting done ? • How is the these people doing this job today ? • Does this seems to be problem “WORTH SOLVING” 76
  • 78. • Interdisciplinary Education • Subjects like • behavioural economics and decision theory • Experiential Learning • Makerspace Culture • Makers Mindset/ Entrepreneurial Mindset • Self Reflection 78
  • 79. • Describe the problem worth solving that you have identified 79
  • 80. SOLVING - MOONSHOT CHALLENGES ADDRESSING - UNMET NEEDS 80 A project or proposal that: 1.Addresses a huge problem 2.Proposes a radical solution 3.Uses breakthrough technology Google Glass Project Loon Driverless Car
  • 82. MYTHS ABOUT INNOVATORS/ ENTREPRENEURS • High Achievers • Individuals • Born and are not “made” • Love Risks • Charismatic • Undisciplined 82
  • 83. SKILL SET IN THE AGE OF AI • Empathy 83
  • 84. “Innovative (Invention X Commercialisation) Projects is the way to go for people in technomanagerial roles” 84 THANKS
  • 85. AICTE MODEL CURRICULUM • Courses in Emerging areas • AI • IoT • Blockchain • Robotics • Quantum Computing • Data Sciences • Cybersecurity • 3D Printing and Design • AR/ VR 85
  • 86. RECENT INNOVATIONS FROM INDIA TO THE WORLD • Billion biometrics, bank accounts, mobiles • Data consumption is cheaper and more than US+China • BHIM app could make Credit Card redundant 86
  • 87. • Frugal Innovations • GE ECG machine • 35000 USD in US, 3500 USD in India • 1 USD cost for ECG in comparison to 35 USD in US • High quality artificial foot prices at 10,000 USD is 300 times cheaper • High quality cataract eye surgery at 3,000 USD id 100 times cheaper • Indian Innovations are for 18% of world population 87
  • 88. • According to Bruce Sterling “the most significant innovation in computer technology in 2001 was not Apple’s gleaming titanium Powerbook G4 or Microsoft Windows XP rather it was a Simputer - a network linked, radically simple portable computer intended to bring computer revolution to third world” 88
  • 91. • Techpedia (from SRISTI Foundation) is one platform that can be explored • Shodhyatra • Visit to extreme places to identify Innovators 91
  • 92. • Polevaulting is required • No legacy of technology • Sunrise Industries • new and growing industries • Electric vehicles, battery storage, renewable energy 92
  • 93. PASSION TO IDEA/ INNOVATION • Knowledge • Capability • Connections • Financial Assets • Name Recognition • Past Working Experience • Passion • Commitment 93
  • 94. • We can solve the problems like the following • 1 nurse/ 1000-2000 people in India • 0.7 hospital beds/ 1000 people • Doctor to Patient ratio is 79.7/ lakh • Recent viral video of reporter in hospital ward • 22 times more engineers then doctors in India 94
  • 95. • India’s most intractable problems • Universal drinking water • Better batteries that can work with other forms of renewable energy • Affordable housing • Medical diagnostics • Infrastructure • Waste Management 95
  • 96. • Solutions do not exist in silos • Executable ideas require the support of four levers • Technology • Policy • Social Engagement • Economics 96
  • 97. 97
  • 98. 98