3 ms·
My startup analyzes historical sales via LSTM and makes future predictions based on geo location, description of products, price of products, weather and holida
by ganeshkrishnan 7y ago
My startup analyzes historical sales via LSTM and makes future predictions based on geo location, description of products, price of products, weather and holidays. I did the similar work for IBM 10 years ago and we could hardly accomplish fraction of what my startup can achieve today.
Right inventory at right location in right quantity is essential to e-commerce and our ai is helping out a lot in this regard
- mattnewport 7y agoThat sounds like incremental efficiency improvements, not something that will radically change people's lives. Not that that's not valuable and may help us keep economic growth going at reasonable clip but it doesn't seem like the type of thing that will change the character of most people's lives in the way that the Internet and smartphones have.
- ganeshkrishnan 7y agoOur equivalent is Amazon FBA. I think the warehousing and logistics of Amazon has changed the characteristics of most people's lives in the developed world. We aim to the do the same for selling from your own website
- mattnewport 7y agoBut people can already order almost anything from Amazon and have it delivered next day in many cases. No doubt it's a good thing for a business to be able to match that themselves from their own website but it's not like the change from no e-commerce to Amazon.
- ganeshkrishnan 7y agoI am trying to de-centralize the ecommerce industry. Most people don't do it primarily because it's hard to find customers and also logistics is hard.
- sgt101 7y agoMatt; it's easy to say "it's incremental" - for example, an application that lets you order books online or communicate with groups of friends would be seen as incremental in 1990. The CEO's of Blackberry thought that the iPhone was good and feature rich, but they saw it as incremental as well!