How AI Impacts the Luxury Fashion Industry | David Klingbeil & Marc Beckman

Some Future Day podcast - Episode 67: How AI Impacts the Luxury Fashion Industry | David Klingbeil & Marc Beckman Will Gucci take off? Is Hermes dead in its tracks? Artificial intelligence is a superpower that will launch the luxury sector into the stratosphere, but only for brands wise enough to embrace the new technology now. David Klingbeil is the founder and CEO of Submarine.ai and a professor at New York University who specializes in the luxury sector. Who better to break down the opportunities and threats which exist perfectly at the intersection of AI and luxury than David? Nobody! On this episode, Mr. Klingbeil weighs in on how AI will transform the relationship between luxury houses and consumers vis-a-vis new hardware, AI-augmented storytelling, fashion robots, and of course - they gotta pay! - cryptocurrency. Klingbeil highlights the potential for AI to revolutionize how luxury brands identify trends, create content, and improve customer service, while also addressing the challenges and risks associated with AI adoption. The episode offers a deep dive into the intersection of technology and luxury, featuring real-world examples and future predictions. Timestamps: 00:00 Introduction 00:32 Meet David Klingbeil 01:58 The Evolution of AI in Business 04:46 AI's Impact on Content Creation 08:46 Submarine AI 20:24 AI Trends and Risks in the Luxury Sector 41:17 The Evolution of Music Consumption 42:33 The Rise of Virtual Influencers 46:07 Luxury Retail Experience and AI 51:13 AI in Customer Service 58:25 AI and Crypto 01:02:53 Reluctance and Risk in AI Adoption 01:10:34 AI's Role in Luxury Craftsmanship 01:14:23 Data Analytics 01:17:35 Conclusion and Future Insights Preorder Marc's new book, "Some Future Day: How AI Is Going to Change Everything": https://shorturl.at/GVTBX Sign up for the Some Future Day Newsletter here: https://marcbeckman.substack.com/ Episode Links: David on LinkedIn: https://www.linkedin.com/in/davidklingbeil Twitter: https://x.com/