Which Types Of Organizations Can Benefit From An AI Chatbot? We’re dubbing 2024 as the “year of the chatbot,” and for good reason. More and more organizations are implementing chatbots to reap benefits like: Up to a 67% increase in sales Conversion rates of up to 70% Up to a 25% increase in revenue UpRead more
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More than nine in ten leading businesses have ongoing investments in artificial intelligence (AI), including non-tech giants like McDonald’s, CVS Health, and Pfizer. More than 90% also report increasing their investment and incorporating AI into more of their processes. While the use of AI is nothing new, recent advancements have made it easier for businessesRead more
Emerging technologies have the power to improve operational efficiency and increase your bottom line – but only if your workforce willingly adopts them. Beyond selecting a vendor, integrating systems, and other complex technical components involved in the implementation of new emerging technologies, resistance to change often rises to the top of the “barriers to success”Read more
So far, it is very clear that artificial intelligence (AI) is the most impactful trend of 2023. From breakthroughs in natural language processing to improved adoption of AI by businesses, we’ve seen significant strides at breakneck speeds. No other innovation has the potential to change the way we live and do business like AI does,Read more
The unprecedented pace of AI development has taken many people by surprise and has added to a growing unease about this new technology. Fears about the speed of AI development hit a crescendo on March 22nd, 2023, when an open letter signed by tech experts and entrepreneurs, including Elon Musk, urged all AI labs toRead more
Artificial Intelligence (AI) is impacting the ways in which many industries do business, and retail is no exception. AI has the potential to revolutionize the retail industry by increasing profits, improving marketing and advertising ROI, increasing sustainability, improving customer service and experience, streamlining inventory management and aiding in loss prevention. It’s predicted that AI servicesRead more
In March of 2020, the global supply chain was brought to its knees by COVID-19. When we talk about the supply chains, we’re talking about all the links between resources, processes and businesses that are part of the manufacturing, marketing and distribution of products from start to finish. As we saw during the pandemic, ifRead more
On January 31st of 2023, news got out that an AI-powered Equity ETF (AIEQ) from ETF Managers Group was up 13.5% year to date as of January 27th according to data from Morningstar. That’s twice as high as the performance of some other well-known ETFs. And while AIEQ is an actively managed fund with feesRead more
There has been much hand-wringing about ChatGPT recently and how it might enable a generation of students to simply cheat their way through school. If you’ve been around long enough, you may remember the same worries about the use of handheld calculators in schools. The truth is that every generation will bring new technological advances.Read more
The COVID-19 pandemic helped to speed up tech adoption in the healthcare industry in many ways. In one stunning example of rapid AI development, MIT created an AI program that could listen to a person’s cough and identify a regular cough from a COVID-19 cough, even if the patient was asymptomatic. According to their studyRead more