[Music]
amazon.com the largest internet retailer
in the world is opening a grocery store
wait what welcome to watchmojo.com where
we look at stories that might be on your
radar in this installment we’re counting
down three fascinating facts you should
know about
Amazon’s latest venture Amazon go number
three what is Amazon go
welcome to Amazon go it’s basically a
convenience store and it sells basic
essentials as well as snacks drinks and
even meal kits with all the ingredients
you’ll need so Amazon’s going into
competition with 7-eleven
well no Amazon go is unlike any other
story you’ve ever shopped at at this
store there are no cashiers with a
smartphone hooked up to the Amazon Go
app and sync to your Amazon account you
simply walk in with your phone take what
you want and leave after you step out of
the store you’re charged for the items
you picked up directly through your
Amazon account no lines no checkout no
cash when you leave our just walk out
technology adds up your virtual cart and
charges your Amazon account number two
will it actually work Amazon
Technologies Incorporated filed a patent
in 2014 for the just walk out shopping
technology used in the store we’re not
going to be getting too in-depth with a
technical mumbo jumbo because a you
probably don’t care and be I don’t
understand it essentially though the
store uses a complex computer system
that takes in data using cameras and
microphones storing the information and
using learning algorithms to keep track
of what you’ve taken and then charges
you as soon as you leave the store it’s
actually quite similar to how
self-driving cars work regardless of how
you feel about Big Brother selling you
food it’s an impressive feat so why
wasn’t it done before as Fortune
magazine pointed out integrating new
technologies into pre-existing business
models can be challenging radically
changing Walmart using tech developed by
IBM or Microsoft is no one’s idea of a
good time but Amazon has vertical
integration on their side meaning
they’re building their own store with
their own resources and above all with
their own technology great for people
who
of grocery shopping but wish it could be
more like the movie Minority Report
number one what’s next for Amazon go I
don’t know about you but my least
favorite part of shopping is waiting in
line or maybe it’s interacting with
people either way shoppers like me could
possibly get to avoid both thanks to
Amazon’s futuristic store right now
Amazon go is only one store located in
Seattle Washington and as of the end of
2016 it’s in the beta program meaning
it’s only open to Amazon employees
Amazon plans to open the store to the
public in early 2017 and while no plans
have been discussed publicly if it’s
successful it’s likely that they will be
expanding stores across the United
States as they did with bookstores and
potentially the world questions are also
arising around what stores like this
could mean for actual cashiers as more
and more businesses are adopting cashier
less buying systems if this technology
is developed in the way that Amazon
wants it to this could basically be the
end of checkout people across the entire
retail industry regardless of what the
future holds
Amazon plans on using its technology to
change the way we buy things again did
this let’s get you thinking are you
going to miss interacting with cashiers
in this new future store Hey
that’s not how this works for more tech
and pop culture news subscribe to
watchmojo.com you don’t have to wait in
line to shop which I thought Amazon
already had a waited for us to shop
about Winnie line it was called Amazon
but
[Music]
amazon.com the largest internet retailer
in the world is opening a grocery store
wait what welcome to watchmojo.com where
we look at stories that might be on your
radar in this installment we’re counting
down three fascinating facts you should
know about
Amazon’s latest venture Amazon go number
three what is Amazon go
welcome to Amazon go it’s basically a
convenience store and it sells basic
essentials as well as snacks drinks and
even meal kits with all the ingredients
you’ll need so Amazon’s going into
competition with 7-eleven
well no Amazon go is unlike any other
story you’ve ever shopped at at this
store there are no cashiers with a
smartphone hooked up to the Amazon Go
app and sync to your Amazon account you
simply walk in with your phone take what
you want and leave after you step out of
the store you’re charged for the items
you picked up directly through your
Amazon account no lines no checkout no
cash when you leave our just walk out
technology adds up your virtual cart and
charges your Amazon account number two
will it actually work Amazon
Technologies Incorporated filed a patent
in 2014 for the just walk out shopping
technology used in the store we’re not
going to be getting too in-depth with a
technical mumbo jumbo because a you
probably don’t care and be I don’t
understand it essentially though the
store uses a complex computer system
that takes in data using cameras and
microphones storing the information and
using learning algorithms to keep track
of what you’ve taken and then charges
you as soon as you leave the store it’s
actually quite similar to how
self-driving cars work regardless of how
you feel about Big Brother selling you
food it’s an impressive feat so why
wasn’t it done before as Fortune
magazine pointed out integrating new
technologies into pre-existing business
models can be challenging radically
changing Walmart using tech developed by
IBM or Microsoft is no one’s idea of a
good time but Amazon has vertical
integration on their side meaning
they’re building their own store with
their own resources and above all with
their own technology great for people
who
of grocery shopping but wish it could be
more like the movie Minority Report
number one what’s next for Amazon go I
don’t know about you but my least
favorite part of shopping is waiting in
line or maybe it’s interacting with
people either way shoppers like me could
possibly get to avoid both thanks to
Amazon’s futuristic store right now
Amazon go is only one store located in
Seattle Washington and as of the end of
2016 it’s in the beta program meaning
it’s only open to Amazon employees
Amazon plans to open the store to the
public in early 2017 and while no plans
have been discussed publicly if it’s
successful it’s likely that they will be
expanding stores across the United
States as they did with bookstores and
potentially the world questions are also
arising around what stores like this
could mean for actual cashiers as more
and more businesses are adopting cashier
less buying systems if this technology
is developed in the way that Amazon
wants it to this could basically be the
end of checkout people across the entire
retail industry regardless of what the
future holds
Amazon plans on using its technology to
change the way we buy things again did
this let’s get you thinking are you
going to miss interacting with cashiers
in this new future store Hey
that’s not how this works for more tech
and pop culture news subscribe to
watchmojo.com you don’t have to wait in
line to shop which I thought Amazon
already had a waited for us to shop
about Winnie line it was called Amazon
but
[Music]
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