The 2020 Data Science Dictionary--Key Terms You Need to Know - DataScienceCentral.com

AI Chatbots–AI chatbots represent a class of software that is able to simulate a user conversation with a natural language through messaging applications. The main attraction of the technology is that it increases user response rate by being available 24/7 on your website in order to provide better customer satisfaction. Chatbots use machine learning and natural language processing (NLP) to deliver a near human like conversational experience. AutoML–Automated machine learning or AutoML is the process of automating the end-to-end process of applying machine learning to achieve the goals of data science projects. AutoML is an attempt to make machine learning available to people without strong expertise in the field, although more realistically it is designed to help increase productivity of experienced data scientists by automating many steps in the data science process. Some of the advantages of using AutoML include: (i) increasing productivity by automating repetitive tasks which enables a data scientist to focus more on the problem rather than the models; (ii) automating components of the data pipeline helps to avoid errors that might slip in with manual processes; and (iii) AutoML is a step towards democratizing machine learning by making the power of machine learning accessible to those outside the data science team.