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Google declares war against Alexa and Siri at CES 2018

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It’s an artificial intelligence showdown.

This year at CES, the world’s largest electronics trade show (running Jan. 9-12), thousands of companies will travel to Las Vegas to show off their newest products and build new partnerships. But this time around, one unusual exhibitor stands out from the rest: Google.

It’s the first time in many years that Google will have its own, large, standalone booth in the middle of the convention center. But the search giant has gone far beyond buying space on the showroom floor. It’s also commissioned several large advertisements around the city, including one you simply can’t miss. Read more…

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5 Reasons Why You Should Consider AI Automation for Small Business

If you are aware of the developments in technology, then you have probably heard about Artificial Intelligence (AI). For a lot of people, it’s too complex or high-tech so they don’t really pay a lot of attention to it.

In fact, even small businesses don’t think much of AI. They believe that only big tech companies like Apple and Google can utilize it. However, that’s not true.

AI has numerous benefits for small businesses. It’s something you cannot ignore if you want to stay ahead of your competition.

Today, open-minded businesses have started using AI to create a business logo, respond to emails, comb the Internet for leads identification, help customers with chatbots and a lot more.

If you have not seriously considered AI automation for your business yet, then the following 5 reasons can surely convince you.

Enhanced Bookkeeping

There are plenty of AI tools designed specifically for bookkeeping that you can use. While many offer help with the basic data entry tasks, some are more advanced and can easily perform many roles. You can use it in reading and preparing invoices, set invoice reminders, release payments on schedule and more.

So, instead of expanding your accounting department, you can invest in an AI bookkeeping program which is more affordable and highly useful.

Lead Nurturing

No matter how skilled your sales reps are, they will always have limitations.

For starters, one can handle only a certain number of leads at a time. Secondly, they need a certain amount of time with every lead to learn about their personality, pain points, opportunities for connection building and many other aspects that are required for their nurturing.

However, with AI automation you can take the entire process to the next level and benefit from increased productivity.

An AI program designed for lead nurturing can read and respond to the emails of your prospects using a list of set messages and the Natural Language Processing technology. It can also go through the past conversations you have had with your leads to pinpoint important bits of information. Most importantly, it can work 24/7 since it can function without human intervention.

Online Customer Support

A number of studies have found that customers find it more comfortable to inquire about the services or products of a company through messaging, especially via online chat as opposed to voice calls. However, hiring a full-time customer executive can be expensive for a small business. Again, this is where AI automation can be a great option.

chatbots

Not only AI-powered chatbots are highly popular today, you can also find some highly affordable options easily. You can install one of these on your website so that when your customers need some information, it will be readily available. In addition to that, having AI-powered chatbots can also make your website more attractive.

See Also: How To Boost Your Business with Influence Marketing Chatbots

Cheap but Quality Branding

Usually, it’s hard to find quality and affordability at the same place. However, AI automation seems to have changed that.

This is because it can help you with your company branding in many ways and at modest pricing. There are companies like Tailor Brands that offer an entire suite of branding tools- from logo creation to social media banner creation at a fraction of the price that you would pay to a graphics designer.

Intelligent Personal Assistants

You are probably already familiar with virtual personal assistants, such as Apple’s Siri or Microsoft Corona. Today, a new range of similar assistants is emerging and they are even more intelligent and more suitable for businesses. For instance, there is Amy from x.ai that can arrange meetings for you or Pana that can arrange your travel.

amy intelligent personal assistant
Via slideshare.net

AI has matured enough today that it can be utilized in different ways in every industry. It’s now easily available at affordable costs, too. If you haven’t considered using one for your business, it’s probably the right time to reconsider your strategy.

 

The post 5 Reasons Why You Should Consider AI Automation for Small Business appeared first on Dumb Little Man.

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Crunch Report | David Letterman Is Coming to Netflix

David Letterman is coming to Netflix, Didi Chuxing backs Careem in the Middle East, Crusie is running an autonomous ride-hailing service and Andrew Ng launches Deeplearning.ai. All this on Crunch Report. Read More

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TrueFace.AI busts facial recognition imposters

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Facial recognition technology is more prevalent than ever before. It’s being used to identify people in airports, put a stop to child sex trafficking, and shame jaywalkers

But the technology isn’t perfect. One major flaw: It sometimes can’t tell the difference between a living person’s face and a photo of that person held up in front of a scanner. 

TrueFace.AI facial recognition is trying to fix that flaw. Launched on Product Hunt in June, it’s meant to detect “picture attacks.”

The company originally created Chui in 2014 to work with customized smart homes. Then they realized clients were using it more for security purposes, and TrueFace.AI was born.  Read more…

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Cognitiv+ is using AI for contract analysis and tracking

 Another legal tech startup coming out of the UK: Cognitiv+ is applying artificial intelligence to automate contract analysis and management, offering businesses a way to automate staying on top of legal risks, obligations and changing regulatory landscapes. Read More

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Superintelligent AI explains Softbank’s push to raise a $100BN Vision Fund

masayoshi son Anyone who’s seen Softbank CEO Masayoshi Son give a keynote speech will know he rarely sticks to the standard industry conference playbook. And his turn on the stage at Mobile World Congress this morning was no different, with Son making like Eldon Tyrell and telling delegates about his personal belief in a looming computing Singularity… Read More

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Baidu furthers AI push with acquisition of digital assistant startup Raven Tech

baidu Baidu is furthering its push into artificial intelligence after it announced the acquisition of Raven Tech, a Chinese startup that developed an AI voice assistant platform. Baidu confirmed it has bought the startup’s tech, product and staff of 60. The deal comes a month after Baidu hired noted AI expert Qi Lu, formerly with Microsoft, as its COO and Group President.… Read More

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Crunch Report | ACLU Enrolls in Y Combinator

We are joined by the CEO of Product Hunt, which was just acquired by AngelList, the ACLU enrolls in Y Combinator, Daimler builds a self-driving car for Uber and top poker players lose to an AI developed by Carnegie Mellon. All this on Crunch Report. Read More

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Crunch Report | Apple Suing Qualcomm for $1 Billion

Apple is suing Qualcomm for $1 billion, the hit app Meitu may be collecting too much data, Whitehouse.gov removes LGBT, climate change and more and Kristen Stewart appeared as a co-author on an AI paper. All this on Crunch Report. Read More

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Lobster nets £1M to scale its user-generated content licensing marketplace

lobster U.K. startup Lobster is gearing up to scale its user-generated content licensing marketplace, as it closes a £1 million Series A. It’s expecting to have closed out the round next week, with 85 per cent of the funding committed at this point and only its decision on the last few investors outstanding. Read More

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Here's why those tech billionaires are throwing millions at ethical AI

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Worried about a dystopian future in which AI rule the world and humans are enslaved to autonomous technology? You’re not alone. So are billionaires (kind of).

First it was the Partnership on AI formed by Google, Amazon, Microsoft, Facebook and IBM. 

Then came Elon Musk and Peter Thiel’s recent investment in $1 billion research body, OpenAI. 

Now, a new batch of tech founders are throwing money at ethical artificial intelligence (AI) and autonomous systems (AS). And experts say it couldn’t come sooner. 

LinkedIn founder, Reid Hoffman, and eBay founder, Pierre Omidyar (through his philanthropic investment fund) donated a combined $20 million to the Ethics and Governance of Artificial Intelligence Fund on Jan. 11 — helping ensure the future’s more “man and machine, not man versus machine,” as IBM CEO Ginny Rometty put it to WSJ Thursday. Read more…

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Crunch Report | Nintendo Switch Hits the Market on March 3

Nintendo Switch to hit the market on March 3, San Francisco District Attorney brings lawsuit against Lily, Moon Express is going to the Moon and Microsoft buys AI startup Maluuba. All this on Crunch Report. Read More

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