Kumar Rajan, senior vice president of engineering at Aetrex and Larry Schwartz, chief executive officer at Aetrex sat down with Shoshy Ciment, senior business editor of Footwear News at the FN Summit on Tuesday to discuss artificial intelligence and the future of retail footwear, in a discussion presented by Aetrex.
Known industry-wide for its footwear scanner, Aetrex launched its scanner in 2002 and was a pioneer in bringing foot scanners to the consumer market. In the early 2010s, the foot-scanning tech company started using AI to help predict consumer sentiment.
Before the rise of ChatGPT, Schwartz noted that companies used traditional AI for existing content. But now generative AI “takes AI to another level to produce new content.” He observed that while ChatGPT has brought AI to the forefront of the consumer and is associated with AI the most, it’s not the only type of AI companies have used and “has been around us for a long time”.
Rajan echoed Schwartz’s sentiment and said he sees generative AI as a useful tool with the rapid technological advancements being made. “It can turn an idea into a story. If I have a bunch of shoe designs that Aetrex has made, I can use that toFollow Footwear News on Twitter or become a fan on Facebook.
{Categories} _Category: Takes{/Categories}
{URL}https://footwearnews.com/business/retail/aetrex-future-footwear-artificial-intelligence-fn-summit-1203659553/{/URL}
{Author}Kanika Talwar{/Author}
{Image}https://sb.scorecardresearch.com/p?c1=7&c2=6035310&c3=10000&cv=2.0&cj=1{/Image}
{Keywords}Business,Retail,Aetrex,artificial intelligence,foot scanning{/Keywords}
{Source}POV{/Source}
{Thumb}{/Thumb}