2024's Most Overhyped Retail Tech: From Device AI to Smart Carts

In the latest edition of Omni Talk’s Retail Fast Five sponsored by the A&M Consumer and Retail Group, Avalara, Mirakl, Ownit AI and Ocampo Capital Chris Walton, Anne Mezzenga, along with guest hosts from the Alvarez & Marsal Consumer and Retail Group David Ritter and Chad Lusk discuss 2024’s Retail Awards. In this short they explore which retail technologies and trends fell short of expectations in 2024, including device AI's premature rollout, the cost-prohibitive nature of smart carts, and Target's overemphasis on CarPlay integration. Learn why these technologies failed to meet expectations and what it means for retail innovation.0:04 - Discussion of tariffs as overhyped trend0:56 - Analysis of Caper Cart limitations1:34 - Debate over smart cart value proposition2:02 - Device AI's premature implementation2:27 - Comparison to early tech adoption risks2:59 - Target's CarPlay integration critique3:13 - Digital growth comparison with competitors#retail #retailtrends #retailstrategyFor the full episode head here: https://youtu.be/iyNND1vZe7AThis podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy