Technology

The Future of AI In Business

Artificial Intelligence, Deep Learning & Virtual Reality:

Practical Insights for the E-Business Entrepreneur

Artificial intelligence, virtual reality, and deep learning are some of the hottest topics in global technological innovation. The exciting automated messaging and voice services being created at the forefront of the practical business application of these new technologies are expected to change the world as we know it. Large enterprise level businesses of all kinds have already begun to implement AI guided programs to meet their global business needs.

In a highly sophisticated landscape, the firms that are best able to apply AI in meaningful ways are likely to increasingly pull away from their less technologically savvy competitors. Regardless of where you sit in the business world today, understanding where artificial intelligence, deep learning, virtual reality and other highly sophisticated technologies are going, will only help you to future-proof your entrepreneurial strategies.

The global virtual reality and artificial intelligence markets are highly specialized and seeing immense growth due to the adoption of utility based real world applications such as chat bot technologies. It should not be surprising that some of the most well known firms within the entire tech landscape find themselves at the center of developing these new AI and VR based technologies. The Microsoft Corporation, Facebook, Inc., Amazon.com, Inc., Yahoo, Inc. , Google, Inc., Apple, Inc. Haptik, Inc. and Helpshift all being key names in this segment of the business landscape. Each of these his heavily invested in developing artificial intelligence and deep learning systems which will increasingly be at the forefront of future mobile digital communications.

Automation, Acceleration, Advancement: Dawn of the Chatbot

One of the most impressive new categories where artificial intelligence, deep learning and virtual reality are colliding and offering new business automation and utility, is in the area of chatbot customer sales and service agents. Chatbot is a specific term that describes a very broad category of programs, platforms and technologically based systems.

Chatbots have emerged as one of the most dynamic AI platforms being adopted by firms of all sizes. A chatbot is an artificial intelligence guided automation system which is employed to simulate human conversation and fulfill a wide range of administrative tasks All chatbots are designed to be able to conduct normal human interactions without the need for a physical agent to be present. In this way, the chatbot technology is meant to improve efficiency and offer its users the ability to streamline and automate core functions related to conducting sales, corresponding with customers and so much more.

The global chatbots market is being driven by the following innovative firms: Aivo, Anboto, BetterBrand, Creative Virtual, CX Company, Cyra, Demisto, Ecreation, eGain, Etermine, Flow.ai, GetAbby, Helloumi, H-care, Inbenta, Myra Lab, Nuance, Niki.ai, Next IT, Pypestream, Simantic Machines, Spixii, Synthetix, Talla, Tara, Twyla, Viclone. Each of these companies is involved with developing AI based technologies and are expected to be tremendously influential in the years to come.

Chatbots are being designed with deep learning matched with extremely sophisticated voice recognition capability. This allows these messenger applications and the digital agents guiding them to learn from their interactions and the ways customers communicate with them. As a result, these technologies hold the potential of streamlining a vast array of e-commerce and customer service related tasks.

Imagine being able to offer perks like 24/7 customer service or sales related staff without having to employ human capital to meet this need instead being able to pay for a service which is ready when you need it and dormant when you do not. The savings these systems can represent have already been realized by the biggest firms in the world and some key industries that have been championing these technologies are in the healthcare, insurance, and financial services industries. It always makes sense to be aware of what the most innovative and profitable firms in the world are focusing their attentions on.

As firms of all sizes adopt chatbot interfaces, their processes will be streamlined across an increasingly interconnected world guided by mobile applications and the Internet of Things. Chatbots have the potential to transform the world as we know it and allow businesses to add layers to user experience which can lower costs while additionally better meeting customer needs. Natural language learning is the technology at the center of these new platforms which is allowing these digital messaging systems to streamline processes and boost revenues.

Utilizing these advanced technologies will allow you to attack inefficiency and problem solving in radical new ways. Your firm and its processes will gain feature added benefits that will make it easier than ever before to accomplish the core tasks related to your business. Think of AI, Deep learning and VR technologies as the guiding paradigms that will shape the way you will conduct business in the future.

The best part is, the future is now. There are so many affordable AI based technologies which you can begin to use to automate your business processes now. Hopefully this article has served to get you excited and motivated about learning more about these exciting new areas of international business.

Learning about advanced technology is one of the best ways to prepare for the future. Even if you are just getting started building your dream, there is no reason not be aware of the trends and trajectories that will shape your world very soon.

Knowledge is power!
Wield yours wisely!

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Jason Stone

Jason Stone is widely known by celebrities and almost 2 million people around the world as @Millionaire_Mentor on Instagram. Stone has successfully launched multiple 6 and 7 figure Instagram and Internet platforms and is becoming a well known social media influencer and marketer.

Known for his e-commerce success in the automotive industry in his early years with Treadstone Performance Engineering, Inc., Jason is a mechanical engineer, real estate investor, car enthusiast, and startup investor. Jason has Co-founded the Impact Billions Movement and also created Gentlemen’s Mafia Instagram network which culminates relationships and success among the thousands of its members worldwide and utilizes his experience and passion as a motivator, mentor, teacher, and social media influencer to help others create success.

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