Back in August I shared some thoughts about the current situation of the chatbot industry. I was quite surprised by the amount of interest the post generated. Many readers contacted me in private and shared lots of exciting information from their Chatbot experience. As we are nearing the end of 2017, I would like to make a recap and share my personal opinion regarding how the chatbot industry will evolve in 2018. As I argued in the past, AI technologies are still in its infancy so in 2017 we haven't found any Chatbot that can pass the Turing test yet.
A report by Markets and Markets reveals that the chatbots market is set to be worth 3,172.0 It isn't too far fetched, at this point, to claim that bots just may be one of the most popular AI technologies today. However, despite their popularity and increasing awareness around the incredible benefits that chatbots can bring to businesses, there hasn't been nearly as much discussion around what chatbots can actually do for users. So while chatbots are touted as the next big thing across a variety of industries, businesses still do not know them for much beyond their ability to answer their customer's most basic FAQs. Before we delve into incredible new benefits that chatbots can bring to your users, let's first take a step back to understand chatbots and their functionality.
Chat-driven programs, used through instant messengers, called chatbots, are a viable solution to enhance the whole business. Chatbots automate customer service through artificial intelligence, leaving the company more time to concentrate on other key business areas. Significant benefits of the method are multiple-languages and good user experiences. There is a lot of good feedback from the chatbot platform built by Kwork Innovations Ltd, and the chatbot is always tailored to suit your business needs.
Most Facebook Messenger users are by now familiar with "transactional bots" that can answer questions and place orders. But there's a new breed of chatbots on the block, and they could have a lasting effect on the relation between brands and consumers. Here are some emotional chatbot examples that illustrate this. After her close friend Roman Mazurenko died in a car accident, Eugenia Kuyda created a special digital monument for him. She compiled his messages and used AI to create a memorial bot that she and Roman's friends could chat with.