Daily LInks
1. A $55,000 Fashion Education Now Means Learning to Make Chic Outfits for Roblox Avatars: Making money as a Roblox fashion designer isn’t easy. Millions of tops, handbags, shoes and other swag for avatars are for sale, along with vehicles, weapons and pets. Roblox takes a 30% cut of each transaction. – Read More on the WSJ
2. ChatGPT and Retail: Reality, Hype, What’s Next, and How to Prepare. Generative AI is set to have far-reaching implications for the $5.92T global ecommerce sector. The most sizable impact is expected to be seen in the areas of mobile commerce, social commerce, voice commerce, etc. – Read More on Insider Intelligence
3. The Companies Trying to Make Live Shopping a Thing in the US: Poshmark is one of many companies racing to break into the United States’ nascent live shopping market, which is estimated to bring in $32 billion in sales this year, according to the retail consulting firm Coresight Research. – Read More on the New York Times
4. Google’s AI is coming to more companies near you: Deutsche Bank AG, Uber Technologies, and a unit of Victoria’s Secret & Co are among the companies giving Google’s tools a try. – Read More on Reuters
5. A Market for Gender-Neutral Dressing Slowly Comes of Age: Sped up by social media and the influence of international celebrities like Harry Styles, nonbinary fashion is becoming more prevalent and driving retailers to figure out how to catch up. – Read More on Bloomberg
6. Reddit co-founder: The AI revolution is “bigger than the smartphone.” “All the CEOs we’re working with, even if they’re not in AI companies, it’s obvious they’re going to have to think through AI strategies, even if it’s just to help make writing code more effective or customer support more efficient, all the way to actual AI companies, which we are also investing in.” – Read More on Yahoo