Facebook AI Advancing Product Understanding and Building New Shopping Experiences – Post Reading Thoughts

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Here is the link to the post from Facebook AI Blog.

It’s already a big news that Facebook launches shopping platform for small businesses, named Facebook Shop.
More surprisingly, there is AI technology backup behind. Facebook deployed GrokNet, a universal computer vision system designed for shopping. It can identify fine-grained product attributes across billions of photos.
From these two announcements, we see the company’s intention to boost itself to a further higher level. Rather than being an AI-powered precision advertising media, Facebook is probably evolving into an AI-powered e-commerce kingdom.
Amazon is today’s king of online shops. Yet, Facebook could become Amazon’s rival. With the insane user attachment, AI advancement, and social connections on Facebook, once the war begins, Facebook is the one I will bet on.