Technology is rapidly changing our world, and the advance of artificial intelligence (AI) in particular is ushering in a completely new era. Our centuries-old industry is not immune to this shift.
Whether it is a retailer using ChatGPT to write product captions, or AI-powered devices determining the best cuts for a rough diamond and what the polished stone’s price should be, many businesses are already embracing it.
The March-April issue of Rapaport Magazine focuses on innovation. It explores how the industry is adopting AI and other new technologies for sourcing, design and manufacturing, and how retailers are using these systems to demonstrate traceability to consumers.
In a dedicated section about innovative ideas, our writers explore how new technology is impacting jewelry manufacturing, gemstone traceability, and the sales pitch. We also discover how different facets of the trade are embracing AI, from grading to design, and take a deep dive into the cleverly engineered Floeting diamond setting, which Tiffany & Co. has just picked up.
Interviews with The 1916 Company, 77 Diamonds, and rising star Cooper Weiss of Ali Weiss Jewelry give an insight into how retailers and brands are adapting to changing markets, both online and in store environments. Meanwhile, conversations with Christie’s veteran François Curiel and jewelry designer Fei Liu show us just how much the auction world is evolving — particularly when it comes to tech-driven bidding and to opening up new sales channels for contemporary brands.
Recent weeks have brought us a slew of high-jewelry launches, and in this issue, we give you a guide to all the season’s new collections and trends. Plus, we explore the emerging trend of top maisons creating spin-off capsule collections from their successful high-jewelry lines.
In colored gemstones, we reveal which stones are spiking in price, and take a look at the natural wonder of gems with painterly inclusions that make them seem more like landscape art. Elsewhere, our writers pay tribute to late author and jewelry academic Diana Scarisbrick, whose many books bolstering our understanding of the industry shine as “an achievement nonpareil.”
Read all the articles from the March-April issue of Rapaport Magazine here.
