The Online Dating Industry Loves Artificial Intelligence

Millennials have become a growing force in society. Compared to their predecessors, the generation that grew with the Internet and electronic devices is considered more adept at adapting to new ideas and more open-minded regarding the unconventional. When it comes to Millennial relationships, online dating is a rapid-growing industry, with more than 1500 dating apps and websites operating around the world. According to Statista, online dating industry revenues reached US1.66 billion in 2019 and are expected to continue growing at an annual rate of 4.2 percent until 2023. Instead of having users simply swipe through headshots, many new dating apps and online platforms are leveraging artificial intelligence to introduce a variety of novel approaches to smart matchmaking.