According to Facebook, “Today, we’re introducing new features that use AI for price range suggestions and auto-categorization. What does this mean exactly? Here’s an example: if you wanted to sell your home office chair, Marketplace could use AI to help you sell it even faster by suggesting you price it between $50-75 based on what similar chairs recently sold for. It will also automatically categorize the chair as “furniture” based on the photo and description, so that you don’t have to.”
Facebook also seems to be interested in adding object recognition features, such as where you could use your phone’s camera to point at an object, in which the AI can identify what it is but will also be able to search for it to see if it is for sale. However its AI tech won’t just be used for buying and/or selling but will also be used to detect and remove inappropriate content.
This means that system can identify listings and posts that violates Facebook’s policies and can remove them. Some of these new features should already be live so head on over to the Facebook Marketplace if you’d like to check it out.
Filed in AI (Artificial Intelligence) and Facebook.
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