6 days ago
- Business
- United News of India
Pinterest CEO Bill Calls AI Shopping a ‘Cambrian Moment'
Business Economy
New Delhi, Aug 9 (UNI) Bill Ready, Pinterest CEO pointed towards the prospects of Agentic AI in shopping. Ready was talking with the investors on the second-quarter earnings call.
Bill Ready said on the second quarter earnings call ' I think this notion of an agent just going and buying all the things for you without you doing anything is a very, very long cycle for that to play out both in terms of how users think about it, where the users are going to be ready to just let something go run off and do everything for them, save for maybe some very utilitarian journeys.'
Pinterest termed the current scenario as 'Cambrian Moment' as businesses are continuously exploring new ways to create new AI-enabled experiences.
While CEO Ready stressed to users to imagine 'Pinterest' as an AI-driven shopping assistant, as the platform is currently at the forefront of visual search and provides next-gen shopping experiences to users.
' If we look at what's happening on our platform already, we're able to take the user much further down that shopping journey, assisting them, as I mentioned, with the relevancy of our recommendations, that's effectively taking the user much further,' Ready added.
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