For example, you could upload a photo of your living room and get suggestions on furniture to buy based on your layout and size. In the future, AI could help simplify tasks like completing an outfit or home design project. Say you liked your friend’s headphones and wanted your own you could snap a photo of the headphones and Marketplace’s AI technology could recommend similar listings for sale nearby. We’re also testing camera features that could use AI to recommend products you might be interested in. It will also automatically categorize the chair as “furniture” based on the photo and description, so that you don’t have to. 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. Today, we’re introducing new features that use AI for price range suggestions and auto-categorization. AI can automatically improve the quality of photos and translate listings and Messenger conversations.
We believe AI can fundamentally change the way people shop, and are excited about the potential opportunities and value it can bring to buyers and sellers.īehind the scenes AI is making Marketplace more efficient and personalized for buyers, as well as helping sellers connect with more potential buyers, faster.
Today, more than one in three people on Facebook in the US use Marketplace every month for everything from new shoes to baby gear to cars and apartments.Īs we celebrate Marketplace’s two-year anniversary, we thought we’d take a moment to share some of the updates we’re making to the product, including new features that use artificial intelligence (AI). It has grown to be a place where people around the world can discover things they love, connect with people locally, launch a business, and earn a living. Facebook Marketplace was introduced in 2016 as a place for people to buy and sell within their local communities.
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