No human involvement, round the clock access, and prompt replies cover almost all the USPs of a chatbot? Well, not that of an exceptional chatbot for sure. To build a successful chatbot, along with AI, companies need to focus on gathering critical data points so that chatbots handle conversations not just intelligently but appropriately.
Job hopping has become a new norm among the millennial. Despite the constant high rate of unemployment, employers face a tough time in retaining employees. This is especially true in sectors which are highly competitive industries. There is an equal amount of struggle for hiring managers for finding candidates for fresh postings and also retaining the ones which have already been hired. Businesses have to constantly think of new employee retention ideas to stop their employees from leaving.
China's economy is simultaneously huge in absolute size and lagging far behind the world leaders on a per person basis. According to World Bank data, China's GDP (measuring in current US dollars) is $13.6 trillion, roughly triple the size of Germany or Japan, but still in second place among countries of the world behind the US GDP of $20.4 trillion. However, measured by per capita GDP, the World Bank data shows that China is at $9,770, just one-sixth of the US level of $62,641.
Chatbot-powered marketing is all about helping marketers with time-intensive tasks like consistent customer support, lead generation, and sales enhancement, allowing them to have leisure time for strategizing to meet their business objectives.
The deployment of robo-advisors in fintech will offer effective financial advice and automate asset management, investments, and insurance claims processing.
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