AI chatbots emerged as a go-to tool for holiday shoppers. What that means for our retail stocks
Briefly

Generative AI has become a key player in online shopping, particularly during the holiday season, with users turning to AI chatbots for gift ideas and bargains. Notably, traffic to retail sites provided by AI surged by 1,300% year over year from November to December, highlighting a shift in consumer behavior. Analysts indicate that as buyers face economic pressures, they increasingly value speed and efficiency in their shopping experiences. This trend is evidenced by retailers like Amazon developing their AI tools, enhancing user interaction through conversational experiences instead of traditional search engines.
Generative AI is transforming online shopping, providing users with personalized and efficient experiences, leading to a significant increase in retail traffic from AI-driven links.
As consumers prioritize speed and efficiency in light of inflation, chatbot technology allows users to refine their searches quickly and conveniently.
Read at www.cnbc.com
[
|
]