Executive Summary

On January 6, the Coresight Research team attended the fourth New Economy Think Tank Summit in Beijing. Attendees included significant figures in retail, and these are some of the things they discussed:

• Artificial intelligence (AI) is not about the Internet of Things (IoT), Digital Twin, or any of the latest technologies: It’s about using machine learning to solve business problems.
• AI can dramatically shorten the product development cycle.
• Robots and humans unite: Pairing the two on the factory floor will be the next wave.