ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

McDonald's ending AI drive-thru ordering

McDonald's reportedly is ending an artificial intelligence-based drive-thru ordering program that was being tested at more than 100 restaurants.

McDonald's has informed franchisees that it is ending an artificial intelligence drive-thru order taking program, a report says. 

In a message obtained by Restaurant Business magazine, McDonald’s USA Chief Restaurant Officer Mason Smoot said "after a thoughtful review, McDonald's has decided to end our current partnership with IBM on AOT [automated order taking] and the technology will be shut off in all restaurants currently testing it no later than July 26, 2024."

More than 100 McDonald’s locations were testing the technology, dating back to 2021, according to the magazine.

"While there have been successes to date, we feel there is an opportunity to explore voice ordering solutions more broadly," Smoot reportedly added, noting that the company will make "an informed decision on a future voice ordering solution by the end of the year." 

CALIFORNIA’S $20 MINIMUM WAGE LED TO FAST-FOOD PRICE HIKES, LOWER CUSTOMER TRAFFIC, STUDY SHOWS 

McDonald’s did not immediately respond Monday to a request for comment from FOX Business. 

However, the fast-food giant reportedly told Restaurant Business that the goal of the AI order-taking program was to see if it could simplify operations and speed up service to customers. 

BURGER KING TO RELEASE $5 VALUE MEAL TO COMPETE WITH MCDONALD’S 

"As we move forward, our work with IBM has given us the confidence that a voice-ordering solution for drive-thru will be part of our restaurants’ future," a McDonald’s spokesperson said to the magazine. 

IBM told Restaurant Business that it "developed automated order taker technologies with McDonald’s to support the emerging use of voice-activated AI in restaurant drive-thrus." 

CLICK HERE TO READ MORE ON FOX BUSINESS        

"This technology is proven to have some of the most comprehensive capabilities in the industry, fast and accurate in some of the most demanding conditions," the company said in a statement. "While McDonald’s is reevaluating and refining its plans for AOT, we look forward to continuing to work with them on a variety of other projects." 

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.