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Prediction 7. The legislator takes the reins

Posted: Sun Dec 22, 2024 8:27 am
by Arzina3225
Prediction 6. From predictive to prescriptive services
In 2018, we accelerate the outsourcing of decisions and purchases to algorithms & smart devices . We become more accustomed to automated bargain hunting, negotiating and delivery timing.

Yes, yes, we have been hearing that for years. The story of the refrigerator that independently orders your milk, just before it runs out. Moreover, we have known these recommendations based on previous purchases for a long time. Why would it be different now? It has everything to do with everyday applications of artificial intelligence (AI). In essence, AI is a prediction technology. The better the AI, the better a set of variables can be reduced to an accurate prediction. AI is not only getting stronger, it is also becoming more accessible for various parties to apply in their services.

From predictive to prescriptive services

You will encounter predictive applications everywhere
This will lead to more and more predictive uk whatsapp number services : services that are offered based on a prediction calculated by AI. You will find applications of this everywhere. From the timely identification of the need for IT support to automatically generated shopping lists and orders at Albert Heijn. A little further away you can think of sending a selection of books by Amazon, before the consumer himself knows the wish. ECI but then smart, so to speak, and without that musty brochure.

And it won’t stop there after 2018. Predictive services will continue to develop into prescriptive services. Services where the user no longer has to make a choice at all. That can be nice for difficult, opaque or simply boring subjects. But applications of this will probably extend further than just boring repeat orders. We are already seeing the first applications in fashion and finance in the wild.
– Bart Vijfhuizen, Strategist

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With the introduction of PSD2 (as of January 2018) and the GDPR (known in the Netherlands as the AVG, as of May 2018), the legislator is making itself heard in the digital domain. One law (GDPR) enforces stricter compliance with privacy rules and thus protects the interests of the consumer. The other (PSD2) is intended to enforce more competition, openness and customer focus in the financial world. The legislator is taking a strong position with regard to powerful market players and is committed to a transparent and customer-oriented market. These are good examples of what the EU can mean for the digital consumer.