News / Don’t be fooled – logistics AI uses few and far between, warn experts

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For logistics, AI risks becoming another ‘blockchain’ – a shareholder-magic-dust with little near-term practical application, according to experts.

In a version of the wider cryptocurrency ‘pump-and-dump’ ecosystem in miniature, during the peak of the hype, investors were beguiled by marketing materials claiming companies were ‘doing something with blockchain,’ though its actual uses were seldom identified. This attracted huge investment without firms having to follow through on their claims.

“A child born out of the blockchain hype seen five years ago” – as described ...