AI will automate most retail purchases in the future, with blockchain used to finalize payments, Shark Tank co-host and venture capitalist Kevin O’Leary said.
AI and blockchain will spark the “next revolution in business,” according to multimillionaire Kevin O’Leary, with AI being able to autonomously make retail purchases and using blockchain to take care of payments.
In a three-minute video posted to X Saturday, the Shark Tank co-host and venture capitalist said blockchain will support an incoming wave of AI-driven transactions, handling everything from orders at Walmart and Target to burger shops and cafes:
“So what happens there is the AI analyzes where you are, looks at the geography of what retailer [is nearby] and determines that that’s the one, and then uses a blockchain to actually do a digital payment system for the tall low-fat latte,” explained O’Leary.
