In recent years, bots have begun to appear in many different industries. Using artificial intelligence to learn as they go on, this type of technology can be said to be changing the world and making life better in a number of different ways.
They can fight pollution
There are several instances from around the planet of bots potentially being used to fight pollution. One example is how Kebotix is using automated laboratory technology to discover chemicals far more quickly than could be done manually. Among the plans for the future is the idea of discovering new compounds that could absorb pollution, and others to fight infections.
Another bot that incorporates AI for a good cause is being used in India, where it operates on Facebook Messenger to let uses see the current air quality index where they live. In the future, it will provide personalised tips on issues such as clothing, masks, and how to choose travel routes to avoid high areas of pollution.
Bots help us to invest
One of the biggest changes in the investment business in recent years has been the introduction of trading bots. These are used to scan the market for conditions that match the investor’s preference and then automatically carry out the transaction.
Furthermore, businesses nowadays use conversational AI-based bots, a new generation of trading bots that use natural language processing to understand human speech and respond accordingly. The benefits of conversational AI bots can be seen in improved customer service, increased speed and accuracy of transaction execution, and an overall improvement in the quality of services provided by a firm. As such, conversational AI-based trading bots are becoming increasingly popular as they help to reduce costs while also providing a higher level of service.
If we look at how the best bots in the forex industry are assessed, we can see that backtesting is carried out on them. This allows the reviewer to understand how they would have performed in historical market conditions. A period of testing in current conditions then adds to the data in terms of live trading.
They can tell powerful stories
The ability of bots to make us aware of different situations around the planet comes down to their story-telling capabilities. They can bring us the chance to directly discuss huge issues that might not otherwise have come to our attention.
Lokai and Charity: Water teamed up to build a chatbot on Facebook Messenger called Yeshi. It uses the personality of a young Ethiopian girl who has to walk a couple of hours each day to get hold of water for use in her home. Through innovative technology such as this, it helps those otherwise estranged from these worlds to learn what it is like to live this kind of difficult lifestyle, and empathise with charitable causes.
Bots make it easier to find out information
This may not be as eye-catching as some of the other uses for bots that we have seen, or as other breakthroughs like intelligent shoes, but there is no doubt that it can be extremely useful. Many websites that contain huge amounts of information can make it a lot easier for their visitors by using a bot to automate their FAQ sections. This is a simple way of allowing people to very easily discover all of the information that they are after. It can be done without any human intervention either, meaning that it offers a fast, smooth process with very little running costs or maintenance needed.
They can help us to get healthier
The bot used by Public Health England helped this authority to engage with users, also on Facebook Messenger. It was part of the Stoptober campaign in October 2019 that was created with the aim of encouraging smokers to quit.
It worked in a number of ways, from giving advice to providing information and sharing games that distracted users from craving a cigarette. The bot was crucial in this campaign, as it provided a constantly available and supportive source of inspiration.
These are just a few of the many ways that bots are now carrying out important roles in our society. It seems certain that the number of them continues to grow as more and more intelligent uses are found for this technology.
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