Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `amp_init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `amp_init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114

Notice: Function amp_is_available was called incorrectly. `amp_is_available()` (or `amp_is_request()`, formerly `is_amp_endpoint()`) was called too early and so it will not work properly. WordPress is currently doing the `init` hook. Calling this function before the `wp` action means it will not have access to `WP_Query` and the queried object to determine if it is an AMP response, thus neither the `amp_skip_post()` filter nor the AMP enabled toggle will be considered. It appears the plugin with slug `schema-and-structured-data-for-wp` is responsible; please contact the author. Please see Debugging in WordPress for more information. (This message was added in version 2.0.0.) in /home/u885321871/domains/fintechinshorts.com/public_html/wp-includes/functions.php on line 6114
Amazon debuts generative AI tools that helps sellers write product descriptions | Fintech InShorts: Latest fintech news, analysis by experts

Amazon debuts generative AI tools that helps sellers write product descriptions

Amazon today introduced a new set of generative AI tools aimed at sellers which the retailer says will simplify the process of creating product listings. The retail giant claims these new capabilities are designed to help sellers generate “captivating product descriptions, titles, and listing details.”

Sellers will also be able to add to their existing product descriptions using AI, instead of having to start from scratch.

The AI tools were built using large language models, or LLMs, that were trained on large amounts of data. Though Amazon doesn’t specifically say, it seems that the retailer likely scoured its own listing data to train its machine learning models. Previously, Amazon had used machine learning and deep learning techniques to extract and enrich product information, but the new generation AI capabilities builds on that technology.

“With our new generative AI models, we can infer, improve, and enrich product knowledge at an unprecedented scale and with dramatic improvement in quality, performance, and efficiency,” explained Robert Tekiela, vice president of Amazon Selection and Catalog Systems, in a statement. “Our models learn to infer product information through the diverse sources of information, latent knowledge, and logical reasoning that they learn. For example, they can infer a table is round if specifications list a diameter or infer the collar style of a shirt from its image.”

Amazon claims that its generative AI tools will help sellers save time and allow customers to find more complete product information, but there are some concerns around using generative AI models at such scale, given their ability to “hallucinate” — or create false information not based on real data.

The tools could also potentially contain other mistakes that aren’t caught if a human doesn’t review the output. And if the tools end up creating incorrect product listings and descriptions, Amazon could be held liable — particularly if it doesn’t disclose the listing was created using AI.

The Information previously reported Amazon was piloting generative AI tools for content, noting that the tool warns sellers to double-check the content to ensure it complies with Amazon’s listing guidelines. The company had declined to answer questions about the LLMs it was using for the new tool, the report had said.

Amazon is not the only retailer to turn to generative AI to make the process of creating product listings easier. eBay announced last week the launch of a generative AI tool that could generate product listings from photos. Earlier this summer, Shopify announced its own ChatGPT-like sidekick for its e-commerce merchants designed to understand and interpret questions or prompts related to business decision-making, and create content like blog posts, campaign ideas and customer emails, among other things.

source

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Singapore-based fintech start-up WSPN bags $30m seed funding

WSPN (Worldwide Stablecoin Payment Network), a Singapore-based stablecoin...

Mastercard set to lay off around 3% of global workforce

Mastercard plans to cut around 3% of its...

HSBC reportedly considering sale of its South African business

HSBC Holdings is reportedly considering selling its South...

USAA president and CEO Wayne Peacock to retire in 2025

Wayne Peacock, President and CEO of USAA, plans...

Singapore’s Valverde taps Broadridge for investment management solution

Valverde Investment Partners, a new Singapore-based investment firm...

US fintech Amount lands $30m in fresh funding to advance AI capabilities

Funding Round: Amount, a digital origination and decisioning...

Sharon Naidoo named new TransUnion CFO for the UK and Europe

Appointment: Sharon Naidoo has been appointed as the...
Exit mobile version