article thumbnail

Top Conversational AI Statistics and Trends to Follow in 2022

Ameyo Callversations

Given below are some research-based statistics providing valuable insights related to the trends in the chatbot industry: Adoption of advanced chatbots across banking, retail, and healthcare sectors is expected to result in cost savings of $11 billion in a year by 2023, with over 70% of chatbots being retail-based. per interaction ( CNBC ).

AI 52
article thumbnail

It’s Time for Knowledge Management

DMG Consulting

Although there is still a lot of work to be done, AI, particularly machine learning (ML), is starting to be used to address the age-old KM challenge of “garbage in/garbage out.”. The more innovative KM solutions now apply ML to identify redundant, outdated, and missing content. Market Outlook . loaded and keeping it current.

ML 48