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On today’s episode of the Tech Talk Tuesday podcast, Content Writer Ryan McQueeney takes a tech-first perspective on the shocking Amazon-Whole Foods deal. Listen now to find out how the e-commerce giant might be able to implement its own technology to change how we shop for groceries!
Remember to subscribe and leave a rating on iTunes if you enjoy the show!
From a tech perspective, we can’t ignore the fact that Amazon (AMZN - Free Report) has already presented an idea for revolutionizing brick-and-mortar shopping. Indeed, the company is currently testing its “checkout free” concept, Amazon Go, in Seattle.
This store utilizes several interesting pieces of tech, including sensor fusion and deep learning, to keep track of what you are buying. All of your items are added to a virtual cart as you shop, and you simply walk out the door when you are done. Later, you are charged on your Amazon account.
While we likely won’t see checkout free shopping in a Whole Foods near us anytime soon, the idea that Amazon could bring its Internet of Things and AI research and technology into the local grocery store is exciting.
Additionally, Amazon—a company known for learning from its user data—is about to learn even more about its shoppers. The Whole Foods deal really has several layers to dig through, and it’s important to analyze the merger from several perspectives.
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.
As always, thanks for listening to the Zacks Tech Talk Tuesday Podcast; we will see you next time!
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
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Can Amazon Bring Tech Into Whole Foods Stores?
On today’s episode of the Tech Talk Tuesday podcast, Content Writer Ryan McQueeney takes a tech-first perspective on the shocking Amazon-Whole Foods deal. Listen now to find out how the e-commerce giant might be able to implement its own technology to change how we shop for groceries!
Remember to subscribe and leave a rating on iTunes if you enjoy the show!
From a tech perspective, we can’t ignore the fact that Amazon (AMZN - Free Report) has already presented an idea for revolutionizing brick-and-mortar shopping. Indeed, the company is currently testing its “checkout free” concept, Amazon Go, in Seattle.
This store utilizes several interesting pieces of tech, including sensor fusion and deep learning, to keep track of what you are buying. All of your items are added to a virtual cart as you shop, and you simply walk out the door when you are done. Later, you are charged on your Amazon account.
While we likely won’t see checkout free shopping in a Whole Foods near us anytime soon, the idea that Amazon could bring its Internet of Things and AI research and technology into the local grocery store is exciting.
Additionally, Amazon—a company known for learning from its user data—is about to learn even more about its shoppers. The Whole Foods deal really has several layers to dig through, and it’s important to analyze the merger from several perspectives.
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at podcast@zacks.com. Make sure to check out all of our other audio content at zacks.com/podcast, and remember to subscribe and leave us a rating on iTunes.
As always, thanks for listening to the Zacks Tech Talk Tuesday Podcast; we will see you next time!
Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>