“There is a high demand for AI and ML in almost all industries, and it’s not going to reduce. Currently, AI technology holds a global market value of over $30 billion US. It’s forecasted that the global AI market will grow rapidly in the coming years, reaching up to $126 billion US by 2025. In…
Tag: ChatBot
Artificial intelligence app will use Alexa to enable people to talk to deceased relatives
“Microsoft has applied for a patent for the app, which could operate through smart devices like Amazon Alexa or Google Nest. It uses recordings of them to copy their style, diction, tone, voice and intent to make what they say appear to be genuine. Details from their social media accounts and letters could be mixed…
AI and Chatbots Can Help Organizations Meet Rising Customer Expectations
“U.S. companies have been slow to adopt AI technology; only 2.8% use machine learning, according to a U.S. Census Bureau report. As of January 2020, 88% of Strayer students surveyed who interacted with Irving agreed that the chatbot helped them solve their issue easily, and 92% of them were likely to recommend Irving to other…
4 Trends That Will Shape the Next Few Years of E-Commerce
“The chatbot industry is expected to grow to over $9 billion annually by 2024. Voice searching is expected to grow a whopping 1,900 percent by 2022, and for good reason: Voice searching is akin to having a digital personal assistant, which makes the consumer feel more taken care of and understood. the e-commerce drone industry…
What’s New In Gartner’s Hype Cycle For AI, 2020
“47% of artificial intelligence (AI) investments were unchanged since the start of the pandemic and 30% of organizations plan to increase their AI investments, according to a recent Gartner poll. 30% of CEOs own AI initiatives in their organizations and regularly redefine resources, reporting structures and systems to ensure success. Chatbots are projected to see…