Prosper Insights & Analytics

Consumers plan to spend a total of $23.6 billion on Easter this year, with 92 percent intending to purchase candy, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. The amount is above last year’s $22.4 billion, and approaching the record $24 billion spent in 2023. Katherine Cullen Philip Rist Matthew Shay Read More: https://lnkd.in/ejDkPeXK

Tired of all the tariff news? Spend your time focusing on the future. Listen to this week's AI & Innovation podcast on Spotify Prosper Insights & Analytics Gary Drenik #AI #Innovation The Forbes articles by Gary Drenik, a writer and co-founder of Prosper Insights & Analytics, for the week ending March 30th 2025 address two key areas at the intersection of technology and business. One article examines the growing need for AI governance and the development of AI guardrails in the face of unclear regulations and consumer concerns about AI safety and reliability. The other piece explores customer preferences in service interactions, highlighting the surprising continued dominance of voice communication over text-based chatbots, even among younger generations, particularly due to advancements in voice AI.

Listening to Prosper Insights AI & Innovation weekly podcast on Spotify. This week's episode covers Gary Drenik's Forbes articles on AI in Commerce: Balancing Personalization and Automation. Explore the increasing integration of artificial intelligence in retail, particularly within social commerce and on platforms like Amazon. One article discusses the paradox of personalization, where consumers desire tailored experiences but harbor concerns about data privacy and AI overuse. It emphasizes the need for transparency and a balance between AI-driven efficiency and human oversight to build consumer trust. The other article highlights the rapid adoption of AI by Amazon and Walmart shoppers, as well as the growing trend of brands utilizing "agentic AI" to automate advertising and enhance commerce operations. Both pieces underscore the importance of a strategic and balanced approach to AI implementation to optimize both customer experience and business outcomes in the evolving retail landscape. Prosper Insights & Analytics

Stay up on the last AI innovations while you're commuting or on the treadmill with Prosper Insights AI & Innovation weekly podcast. https://lnkd.in/gfn--Eyh Prosper Insights & Analytics Gary Drenik

Stay informed on the latest consumer trends. Listen to Prosper's Consumer Snapshot Podcast on Spotify Prosper Insights & Analytics https://lnkd.in/g3_FXsuc

Prosper's weekly AI & Innovation Podcast covering Gary Drenik's Forbes articles is now available. Listen while you're working in the yard this weekend. https://lnkd.in/gJxKhk5e

All the different AI versions are still dependent on the quality of data inputs. Garbage in, Garbage out is still the rule.

AI Beyond Platforms - How Data Will Unlock New Value In 2025 In 2025, the artificial intelligence (AI) landscape is undergoing a transformative shift. No longer confined to the technology infrastructure layer—where foundational models and hardware dominate—AI is expanding into two critical new layers: the application layer and the data infrastructure layer. These layers are poised to redefine how businesses operate and make decisions, with the potential to unlock unprecedented value. Venture funding for AI companies surged to $99.6 billion in 2024, an 80% increase from the previous year, according to Crunchbase data. https://lnkd.in/dtk8Vi4F #Crunchbase #datalayer #AI #applicationlayer #Prosperinsights&analytics #Ereteam #ExponentialA #appliedAI #Stargate #LSEG #Investmentplatforms #buyside #LarryEllison

The High-Stakes Gamble For Today’s CEOs – Going In Blindly With AI While media have reported on AI’s impact on the gambling industry—where advanced LLMs are used to predict outcomes and optimize strategies—business leaders across sectors are unknowingly taking a different kind of gamble: they’re overlooking the foundational element of data governance. As AI hype continues to pick up momentum—and as business leaders are under increasing pressure to generate value—many CEOs are jumping on the AI bandwagon and moving implementation along as quickly as possible. However, new data from Stibo Systems reveals that leaders’ confidence in AI usage often equates to gambling with their own organization’s future due to significant gaps in AI literacy, ethics and preparedness. https://lnkd.in/gij7Wug5 #AI #LLM #datagovernance #AIanxiety #dataquality #Stibo