Feb

Pros and cons of automation

Automation drives forward the economy. It allows businesses to scale and service large groups of customers. Automation first appeared in traditional industries, such as cotton production in England in 18th century or car conveyors in the US in early 20th century. The automation replaced physical labor.

With the invention of computers automated systems began to replace intellectual labour such as math calculations. Most of the software applications we use today can be described as automation. Online payments processing, online tickets purchasing, tax returns software, computer games, search engines, and endless other programs are all examples of software automation system.

As a next step we are now aiming at automating human decision making processing and high-level intellectual activities, historically considered to be sole domain of humans.

 

One interesting aspect of automation is lesser quality of service compared to manual service.

This is to be expected. If we gain in quantity we lose in quality.The gain in quantity is what automation is about - it allows to reach out to a large number of customers. Manual product or service can reach out to individuals only. The price we pay for the ability to deliver product or provide service en masse is the drop in quality.

 

Sometimes automation is an obvious choice. This is when the gain, the scalability, hugely outweighs the costs, lower quality. Search engine is a popular successful example. In other cases, the advantage in not so obvious. Online travel booking offers fast service without leaving the comforts of the home, but it does not often deliver the best option, such as finding the cheapest flight, and therefore many people still use ‘manual’ travel agents.

 

Interested in reading more? Check out our other blogs:

Towards smarter data - accuracy and precision

                                                   

There is a huge amount of information out there. And it is growing. To make it efficient and increase our competitive advantage we need to evolve and start using information in a smart way, by concentrating on data that drives business value because it is accurate, actionable, and agile. Accuracy is an important measure that determines the quality of data processing solutions.

How accuracy is calculated?

It is easy to do with structured data, because the requirements are formalizable. It is less obvious with unstructured data, e.g. a stream of social feeds, or any data set that involves natural language. Indeed, the sentences of natural language are subject to multiple interpretations, and therefore allow a degree of subjectivity. For example, should a sentence ‘I haven’t been on a sea cruise for a long time’ be qualified for a data set of people interested in going on a cruise? Both answers, yes and no, seem valid.

In these cases an argument was put forward endorsing a consensus approach which polls data providers is the best way to judge data accuracy. This approach essentially claims that attributes with the highest consensus across data providers is the most accurate.

At nmodes we deal with unstructured data all the time because we process natural language messages, primarily from social networks. We do not favor this simplistic approach, as it is considered biased, inviting people to make assumptions based on what they already believe to be true, and making no distinction between precision and accuracy. Obviously the difference is that precision measures what you got right, and accuracy measures both what you got right and what you got wrong. Accuracy is a more inclusive and therefore more valuable characteristic.

Our approach is

a) to validate data against third party independent sources (typically of academic origin) that contain trusted sets and reliable demography. Validating nmodes data against third party sources allows us to verify that our data achieves the greatest possible balance of scale and accuracy.

b) to enrich upon the existing test sets by purposefully including examples ambiguous in meaning and intent, and providing additional levels of categorization to cover these examples.

Accuracy is becoming important when businesses move from rudimentary data use, typical of the first Big Data years, to a more measured and careful approach of today. Understanding how it is calculated and the value it brings helps in achieving long-term sustainability and success.

 

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OUR AWESOME CHATBOT FEATURES

NMODES chatbots and conversational AI solutions come with a unique set of features.

Our goal is to make it easy for businesses to create and manage chatbots. The features we offer are important for successful implementation of a chatbot not only because they significantly improve its quality, but they also allow you to edit your chatbot in natural language, without any need to have technical knowledge or AI specialist in the team. 

1. Free AI Training 

Our chatbot solutions come with free AI training for life.

We will train your chatbot and continue to enhance it indefinitely.
It is our responsibility to ensure that your chatbot has the updated natural language processing capabilities. It is also our responsibility to guarantee that it understands not only common language but also language that is specific to your business, such as names of the products, terminology used in your industry, inventory list, and more. 

Your chatbot will be interacting with the customers all the time. We will enable it to learn from these interactions continuously and improve its language understanding and responses as a result of this learning.

2. Editing in natural language 

We realize that AI is a complex body of knowledge and one of your biggest concerns is that you are not familiar with it well enough. We made sure that you don’t need to be technically savvy to successfully manage a chatbot. Using our simple and friendly online interface you can control your chatbot in real time using common natural language. No technical knowledge is required.

At NMODES we continuously improve our AI capabilities. We use our AI not only to make the experience of your customers, conversing with your chatbot, better, but also to make your own experience, conversing with our platform, better.

Eventually the platform will be able to interact with you fully in natural language. We are not entirely there yet (it is an immense task). Still, we hold true to our promise that there is no need in being technically savvy to operate our platform even today. When the platform does not understand natural language our highly trained specialists are always ready to take over and provide support.


3. Real time connectivity 

Often there is a need for chatbot to access structured data (such as inventory database) to answer customer’s question. We made it easy for your chatbot to create external queries in real time and modify the responses accordingly. Your chatbot is able to decide in the middle of the conversation, based on the information it received from your database, how to respond and how to proceed with the conversation.

These are the most exciting among the features we created so that our customers have easy and enjoyable chatbot experiences. But there are other features available: conversational templates, dynamic AI Engines clustering, multiple widget skins and more! Let us know if want to see the full list of features.

To learn about the core technologies required to build a chatbot check out this post:

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