Facebook has been pushing hard into eCommerce for a fair amount of time now and a big part of the reason why that is the case has to do with the fact that there is a lot of money that can be made in this particular industry so much so that you would be surprised at the kind of money these companies rake in. Since Facebook is also doing a lot of research into AI, it seems likely that the social media platform would soon start using this technology to help aid its eCommerce efforts, and it seems like that time has finally arrived.
While the AI incorporation into Facebook’s eCommerce efforts are not as expansive as they might someday end up being, it is still quite a useful tool that would make it so that a lot more people might just end up trying to take part in Facebook’s eCommerce offerings much in the same way they do with service providers like Amazon and to a lesser extent eBay.
The AI that Facebook is launching in this regard is called the universal product recognition model. What it can do is that it can detect what product is in a picture and label it automatically. This would make it a lot easier for people to upload large quantities of their product listings onto the site, and would also likely make the process faster as well as a great deal less frustrating all of which are very good things.
Facebook is entering an industry that already has some of the biggest players. Amazon is one of the biggest companies in the world, and eBay is so popular that you can find pretty much anything on it. Hence, Facebook needs to turn to technological innovation in order to provide its potential new users with something that its competitors do not, and this might just be the sort of thing that could be enormously helpful in this regard since it would provide people with a very practical incentive to start using the new platform. It will be interesting to see what else Facebook ends up introducing.
Read next: Facebook New Profile Lock Feature Will Promote Women’s Safety
While the AI incorporation into Facebook’s eCommerce efforts are not as expansive as they might someday end up being, it is still quite a useful tool that would make it so that a lot more people might just end up trying to take part in Facebook’s eCommerce offerings much in the same way they do with service providers like Amazon and to a lesser extent eBay.
The AI that Facebook is launching in this regard is called the universal product recognition model. What it can do is that it can detect what product is in a picture and label it automatically. This would make it a lot easier for people to upload large quantities of their product listings onto the site, and would also likely make the process faster as well as a great deal less frustrating all of which are very good things.
Facebook is entering an industry that already has some of the biggest players. Amazon is one of the biggest companies in the world, and eBay is so popular that you can find pretty much anything on it. Hence, Facebook needs to turn to technological innovation in order to provide its potential new users with something that its competitors do not, and this might just be the sort of thing that could be enormously helpful in this regard since it would provide people with a very practical incentive to start using the new platform. It will be interesting to see what else Facebook ends up introducing.
Read next: Facebook New Profile Lock Feature Will Promote Women’s Safety
