Published on June 3rd, 2024
In a recent interview on Channel 9’s Today Show, Alex Hill, founder and director of Webtron, shared groundbreaking insights into how Webtron is integrating artificial intelligence (AI) and virtual reality (VR) to revolutionise the auction industry. Webtron recently made the news successfully orchestrating the worlds first virtual reality, real estate and agriculture auctions. This transformative approach not only enhances the auction experience but also sets a new standard for the future auction business.
AI: The Brain Behind Smarter Auctions
Webtron’s incorporation of AI into its auction software aims to streamline the auction process, making it more efficient and accessible for both buyers and sellers. AI technology can analyse vast amounts of data at lightning speed, providing valuable insights that would otherwise take humans days, or even weeks to compile.
During the Today Show interview, Hill highlighted several key benefits of AI and VR and its impact on auctions. An then discussed the groundbreaking Webtron ai and vr online auction development phases.
Or watch the full TODAY SHOW STORY