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An AI-powered chatbot is a smarter version of a chatbot (a machine that has the ability to communicate with humans via text or audio). It uses natural language processing (NLP) and machine learning (ML) to get a better understanding of the intent of humans it interacts with. Also, its purpose is to provide a natural, as near human-level communication as possible.
Reduce costs: The potential to reduce costs is one of the clearest benefits of using a chatbot. A chatbot can provide a new first line of support, supplement support during peak periods or offer an additional support option. In all of these cases, employing a chatbot can help reduce the number of users who need to speak with a human. You can avoid scaling up your staff or offering human support around the clock.
As people research, they want the information they need as quickly as possible and are increasingly turning to voice search as the technology advances. Email inboxes have become more and more cluttered, so buyers have moved to social media to follow the brands they really care about. Ultimately, they now have the control — the ability to opt out, block, and unfollow any brand that betrays their trust.
This was a strategy eBay deployed for holiday gift-giving in 2018. The company recognized that purchasing gifts for friends and family isn’t necessarily a simple task. For many of their customers, selecting gifts had become a stressful and arduous process, especially when they didn’t have a particular item in mind. In response to this feeling, eBay partnered with Facebook Messenger to introduce ShopBot.
For each kind of question, a unique pattern must be available in the database to provide a suitable response. With lots of combination on patterns, it creates a hierarchical structure. We use algorithms to reduce the classifiers and generate the more manageable structure. Computer scientists call it a “Reductionist” approach- in order to give a simplified solution, it reduces the problem.
As in the prior method, each class is given with some number of example sentences. Once again each sentence is broken down by word (stemmed) and each word becomes an input for the neural network. The synaptic weights are then calculated by iterating through the training data thousands of times, each time adjusting the weights slightly to greater accuracy. By recalculating back across multiple layers (“back-propagation”) the weights of all synapses are calibrated while the results are compared to the training data output. These weights are like a ‘strength’ measure, in a neuron the synaptic weight is what causes something to be more memorable than not. You remember a thing more because you’ve seen it more times: each time the ‘weight’ increases slightly.