What if I were to describe to you a woman who would brighten up every time you called her name, always ready to do what you ask, never argued, never said ‘Not tonight, dear’. Sounds like a dream, doesn’t it? Well, there sure exists an identity with such features, with a name too, Alexa. Only, Alexa’s not a flesh-and-blood woman, but Amazon’s Artificial Intelligence-based personal assistant developed for the Amazon Echo devices. With an ability to perform a plethora of tasks simultaneously, Alexa and its related products have ensured that from mending shoes to placing food orders, everything can be easily managed by this bot.
AI: From Research Lab To Movie Halls
Since 2015, the chatbot market has seen an explosive growth of 35%since 2015, with a CAGR of 35% with over 80% businesses expected to develop chatbots which are estimated to bring in $8 billion in annual savings. Within a span of five years, Artificial Intelligence has moved from the domain of academic research to mainstream business communication.