One of the most significant aspects of a virtual agent is how fast it can learn. With a human in the conversational loop, training AI goes much faster: your bot learns and changes, keeping knowledge up to date. Plus, users never get the “Sorry, I did not understand your request” response, your brand will be able to solve the problem right away.

Reducing complicated, confusing processes down to a natural conversation is potentially a huge business opportunity for anyone willing to jump headfirst and create a great user experience. Chatbots are only as smart as the words you feed them. If a bot is too rudimentary, people will lose trust in the company and will feel ignored and unappreciated. UX problems appear when user deviates from the designed linear flow.

Most customer service and contact center executives are honing in on bots because they can handle large volumes of queries. Thus, their service center staff can focus on more complex tasks. As the technology behind bots has improved in terms of natural language processing (NLP), machine learning (ML), and intent-matching capabilities, companies are increasingly willing to trust them to handle direct customer interaction.

According to Gartner, companies working with AI should stop combining training and learning activities, one of the reasons being the slowing down of conversational agents’ learning processes. The most recommended course of action for data managers is exploring emerging middleware tools that allow them to use the same training data set for multiple AI service providers.

When searching for innovative solutions, it is crucial for leaders and decision makers to have the information that allows them to make informed decisions. Bitext is currently at the forefront of technology since it has been mentioned lately in no less than 20 Gartner reports and was selected as Cool Vendor in AI Core Technologies in 2018. But we keep working hard and Gartner, once again, mentioned Bitext in 4 new Hype Cycle reports. 

Those familiar with stock markets surely know how traders communicate with each other via chatrooms in order to keep up with the trends and get actionable insights from peers. Most of these platforms, especially those offering free access, are a cluster of activity that needs to be moderated to ensure the interactions are civil and legal.  Why do it manually through  professional moderators when you can use an automated AI system?