Priorities, Myths and Realities of AI in Luxury Goods and Services Artwork

The Expertise of Emotionally Intelligent Luxury

Luxury Institute is the world's most trusted research, training, consulting, and elite business solutions partner for luxury goods and services brands.

In the last 20 years, Luxury Institute has served over 1,100 luxury and premium goods and services brands.

In this podcast, Milton Pedraza, Luxury Institute CEO, shares insights into the latest luxury trends, insights, and interviews top-tier luxury experts and executes across healthcare, retail, technology, wealth management, yachting, and more.

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The Expertise of Emotionally Intelligent Luxury

Priorities, Myths and Realities of AI in Luxury Goods and Services

January 25, 2024 • The Luxury Institute • Season 5 • Episode 1

AI is here to stay. That is a fact. How the luxury industry, a business segment that has always stood for delivering the best of the best products, services, and client experiences chooses to use AI requires deep consideration. Luxury Institute recently conducted a qualitative survey with 22 luminaries from its Global Luxury Expert Network (GLEN) and asked them to weigh in on the most important initial business uses of AI and the myths luxury brands should confront as they engage with vendors to implement AI. In Luxury Institute's January 2024 white paper, we share their collective responses to critical AI questions.