AI-Powered Pricing: Does It Make the Buying Experience More Fair and Equitable?
Retailers have been using artificial intelligence for a while now. There’s the rudimentary use of it to send out enticing email promotions or timely online ads that we welcome at times and find annoying at others. But retailers are also using AI to track consumers’ behavior both online and in brick-and-mortar stores. The technology is helping guide store layout, inventory levels, and pricing.
Smith School Awards 14 Faculty Grants for Innovative Research
Fourteen faculty teams at the University of Maryland’s Robert H. Smith School of Business have been awarded three-year grants from the school for research projects that address the world’s grand challenges and reimagine learning in support of the University of Maryland’s vision and the Smith School’s strategic plan.