ForeSights: AI Artisans
ForeSights: AI Artisans explores the potential for artificial intelligence to play a more influential role in product development by generating formulation ideas and recipes that would otherwise take experts years to create. It more specifically looks at the implications of this emerging trend in the context of the craft or artisan segment.
Machine-learning can process a vast amount of product, consumer, and macro data to essentially emulate the work of product experts and artisans but in an incomparably more efficient manner. The development of a whiskey co-created with Microsofts artificial intelligence algorithm illustrates how the role of the craftsman is being threatened by the promise of machine learning.
Scope
- AI has valuable utility across every point along the customer journey. It currently has the greatest impact at the retail stage of the customer journey, while the product innovation stage is comparatively underutilizing AI.
- The categories that are best placed to incorporate AI into product development are those in which product formulations are typically complex, and where subtleties in flavor and aroma can make the difference between a mainstream and premium product.
- Apprehension or distrust towards the ongoing pervasion of technology and data in the consumer experience has the potential to inhibit the success of products created via machine learning; however, current consumer perceptions suggest they may actually spark consumer interest.
Reasons to buy
- Identify future potential commercial applications for emerging concepts in fast-moving consumer goods.
- Understand the relevant consumer trends and attitudes that drive and support innovation success so you can tap into what is really impacting the industry.
- Gain a broader appreciation of the fast-moving consumer goods industry by gaining insights from both within and outside of your sector.
- Access valuable strategic take-outs to help direct future decision-making and inform new product development.
1. Introduction
2. What?
3. Why?
4. Take-Outs
5. Appendix
Bridging Resources to Value: Evaluating Generative AI Benefits
Numerous reports and studies are consistently emphasizing the profound impact of generative artificial intelligence (AI) across various industries, urging sectors to recognize the significance of this technology. This wave of
USD 500 View ReportExploring Industry Development Trends Through the Strategic Positioning of Major E-Commerce Players in Japan
Thanks to steady growth in e-commerce penetration, industry advancement driven by the evolution of generative AI, and the contribution of cross-border e-commerce and local policies to the development of the
USD 2000 View ReportGlobal Server Market Forecast, 2024 - 2028
AWSDellGoogleHPEIntelLenovoMetaMicrosoftNvidiaSupermicroXilin The global server market is anticipated to undergo a revival in 2024, driven by the emergence of generative AI and the optimization of large language models (LLMs) for enterprise
USD 1200 View ReportTaiwan 5G FWA CPE Industry, 4Q 2023
ArcadyanAskeyAT&TDTFoxconnHuaweiOppoOrangePegatronReliance JioBharti AirtelNokiaSagemcomTCLT-MobileUnizyxVerizonVivoVodafoneWNCZTE
USD 1200 View ReportFill The Form For Sample Request