I was watching this trend for sometime and I have some thoughts.
First of all, we have to know where we are at this point in AI-tech. We have some crazy graphic AI that creates sometimes really scary. On the other side - music, poems, chatbots and many more. This is basic.
Artificial intelligence, or AI, has become one of the most talked-about technologies in the world. It’s brought us self-driving cars and devices that can translate conversations, and it will play an even bigger role in the future as machines learn to think for themselves in new and unique ways. While many people think of AI as something that will completely replace humans, there are plenty of ways it can help you—and your business—today. Learn about five different AI tools and how they can be used in business from this quick guide.
Artificial Intelligence (AI)
AI is a broad term that essentially refers to any piece of technology with the ability to perform tasks in a way that would previously have required human intelligence. The simplest AI tools work on algorithmic, repeatable processes; other AI tools are trained through machine learning. Many companies use AI and machine learning for everything from scanning for cyber threats to optimizing supply chains. Each type of AI is most powerful in specific applications. For example, if you’re looking to optimize your supply chain or streamline your customer service process, an AI tool like MidJourney can help you make sense of big data so you can make decisions quickly. If your business has a lot of content (like e-commerce sites do), an AI tool like Content Insights can scan for keywords and phrases that will help boost your SEO efforts.
Natural Language Processing (NLP)
Natural language processing is a type of artificial intelligence (AI) that seeks to understand text, such as words in a document or an email. NLP can be particularly useful for customer support—if your business requires you to respond to customer inquiries, NLP can help speed up and simplify that process. Some tools you can use for natural language processing include Google Cloud Natural Language, IBM Watson Speech-to-Text, and Microsoft Cognitive Services Computer Vision. All three of these services offer APIs (application programming interfaces), which means they’re compatible with software development kits. Once you have access to one of these APIs, integrating it into your website or app will be simple.
Text Analytics
A powerful business intelligence tool, text analytics allows you to collect, review, and make sense of large volumes of data. One use for text analytics is for categorizing online customer reviews. If a customer posted a negative review about your company—maybe their shipment got lost or they didn’t get what they ordered—you can work on improving these types of mistakes before they happen to keep customers happy. You could also use text analytics to help improve your marketing strategies by analyzing competitors’ advertising campaigns and seeing which ones are working best. The possibilities are endless when it comes to using text analytics in business!
Customer Engagement Management
As a business, you should be reaching out to your customers. But are you doing it in a way that helps you gain their trust? Customer engagement management tools take information about your customers and turn them into valuable insights. This is especially important when it comes to marketing efforts and customer support operations. By using AI tools to analyze data about who your customers are, what they like, what they spend money on, etc., you can find out which approaches yield better results. And since data changes every day, real-time feedback is also provided by AI tools; if something isn't working as well as expected one day or week compared with others, then adjustments can be made accordingly. AI tools provide businesses with a way to communicate with their customers more efficiently, effectively, and successfully. That's why many large companies are investing so heavily in AI today. Here's how AI tools work for your company: You define your goals and AI algorithms collect all relevant data about each customer (behavioral data) -this means that all interactions are tracked. For example, when a user visits your website for second time or place an order -all those actions help AI algorithm understand him/her better and adjust its strategy according to users behavior.
Predictive Analysis
Many businesses rely on predictive analysis to gain deeper insights into customer trends. For example, retail companies will often use previous transaction history to determine what items a given customer is likely to purchase in their next visit—or even predict what they might buy before they’ve decided to make a purchase at all. This tool can be used in B2B environments, too; prospective customers are often scored based on their likelihood of converting. It’s especially useful for engaging with passive leads.
Image generators
While AI is one step closer to bringing us into a Blade Runner-style future, there are many things it still cannot do—yet. For example, computers can understand speech and language with impressive accuracy and precision, but can’t actually generate that language. So if you want a photo that’s worthy of going viral on Instagram, you probably want to avoid using an AI generator. But for more everyday tasks like creating infographics and social media posts, AI tools will make your life much easier. If you need an image for your website or for a presentation in front of clients or colleagues, these tools will be worth exploring as they offer unique ways to get imagery quickly without having to hire an expensive designer. Here are a few AI tools to try out: Google’s AutoDraw; Google Goggles; Microsoft’s EmoTracer; Prisma; WordSwag.
AI x Business = ???
AI tools can help you automate several aspects of your business. And, if you think about it, most businesses are already run on some sort of AI; email filters look at your company’s to and from fields to send emails in a way that's smart enough not to spam people who haven't interacted with your business yet. The problem is that some artificial intelligence tools are difficult to implement and require expertise in AI programming, so even though these tools exist, many businesses don't take advantage of them. If you're looking for new ways to make things like lead generation or sales more efficient—or if you simply want to know how AI works—this is where having an understanding of different AI tools comes in handy. Here are five AI tools that can be used by any type of business. This section will discuss -how they work and what they do-: No matter what type of industry you operate in, there's an AI tool out there for you. Some focus on automating processes, while others analyze data to make predictions. To get started using one, first figure out which tool best fits your needs (for example, if you want to improve sales forecasting). Then find a provider that offers software as a service (SaaS) or cloud-based software solutions because those tend to be easier than installing software on-site. Once installed, all you have to do is log into your account and let the tool do its thing!