Wednesday, October 10, 2012

Walmart Expects $9 Billion in E-Commerce Sales in 2014

Walmart said it plans to generate $9 billion in revenue from ecommerce sales in 2014. One way Walmart expects to reach that revenue goal is by adding a "same-day delivery" capability. Amazon also has said it is looking at next day delivery, or perhaps same-day delivery, in at least some markets.

Walmart is more optimistic than is Amazon. Walmart is testing same-day delivery in four markets and a scan-and-go smart phone service, which would allow customers to scan purchases with their smart phones and pay for the purchases without getting into a check-out line.

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AI Will Eliminate Whole Industries, Not Just Some Jobs

Virtually all observers believe artificial intelligence is going to eliminate some jobs, in line with the ability AI might have to automate ...