Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 29 , 10 November 2023


Open Access | Article

Research on the Application of Artificial Intelligence and Cloud Computing in New Retail Models -Take Amazon as Example

Yifan Zhao * 1
1 Heriot-Watt University

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 29, 98-105
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Yifan Zhao. Research on the Application of Artificial Intelligence and Cloud Computing in New Retail Models -Take Amazon as Example. AEMPS (2023) Vol. 29: 98-105. DOI: 10.54254/2754-1169/29/20231357.

Abstract

AI and cloud computing have been controversial since the very beginning of the concept. The technical features of AI and Cloud Computing combined with the business make the business more efficient and effective. Many top listed Companies realized the potential value of AI and Cloud computing could help the development of the company to earn a profit. But the application of AI and cloud computing are few and immature, and lots of companies see this opportunity. In other words, who first control AI and Cloud computing is the winner in fierce competition. Amazon, the world's most influential e-commerce company, proposed the idea of “unmanned convenience” store operations in 2015 and started researching and launching Amazon.Go under the competition of AI and Cloud Computing, an innovative but unsuccessful checkout-less convenience store—the birth of Amazon. Go attracted many investors, and other companies, whether e-commercial or tra-ditional retailers, begin imitate Amazon.Go. With the gradual application of AI and cloud computing in the commercial sector, Amazon.Go is set to become the future of conven-ience stores.

Keywords

artificial intelligence, cloud computing, sensors in stores

References

1. Bernard Marr: The Top 5 Cloud Computing Trends In 2023, Forbes, (2022).

2. Chris Walton: 5 Reasons Why Amazon.Go Is Already The Greatest Retail Innovation Of The Next 30 Years, Forbes, (2022).

3. Fang, X. D: 50 Years of Global Internet: Development Stages and Evolutionary Logic", Article from The Journal-ist, Issue 7, (2019).

4. Peng, Z. W.: Analysis of the Current Situation and Patterns of the Global and Chinese IaaS Markets in 2022", Huaon, https://m.huaon.com/detail/833325.html, 2022/9/22.

5. Yang, S. Y.: Image Recognition and Project Practice - VC++, MATLAB Technology Implementation’, Publishing house of electronic industry, China (2014).

6. Generating buzz: Artificial intelligence is permeating business at last”, The Economist, Dec 6,2022.

7. Ya, F. "Explaining the three core technologies behind Amazon, Leiphone, https://www.leiphone.com/category/ai/4wAZ8E3Ufsozz43I.html, 2014/12/5.

8. Dilip Kumar, Elie Micah, KornfieldAlexander, Clark Prater, Sridhar Boyapati, Xiaofeng Ren, Chang Yuan: Ama-zon Technique “Detecting item interaction and movement”, (2015) .

9. Daniela Coppola: Worldwide visits to Amazon.com from December 2021 to May 2022’, Statistics, https://www.statista.com/statistics/623566/web-visits-to-amazoncom/.

10. Nita H. Shah a, Leopoldo Eduardo Cárdenas-Barrón: Retailer’s decision for ordering and credit policies for de-teriorating items when a supplier offers order-linked credit period or cash discount, Volume 259, Pages 569-578, (2015).

11. Sirrka L. Jarvenpaa &Peter A. Todd: Consumer Reactions to Electronic Shopping on the World Wide Web, Inter-national Journal of Electronic Commerce,1:2, 59-88, (2015).

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-079-0
ISBN (Online)
978-1-83558-080-6
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/29/20231357
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated