An IT Support Blog from London

Bill Gates once famously said, “Your most unhappy customers are your greatest sources of learning.” Well, in this day and age when technology rules, less-than-satisfied customers can also be a strong impetus for innovation.

When it comes to innovating and making groundbreaking changes across most industries, artificial intelligence (AI) has been leading the pack over the past decade. Machine learning algorithms are being widely used in manufacturing, healthcare, financial services, agriculture, and yes, AI is even highly-leveraged in emergencies and rescue missions.

All that said, customer support for enterprises should be a cinch for artificial intelligence and its subfields, right? No lie there. Already, the Conversational AI Market is anticipated to surge to $40.5 billion by 2032; a 17% increase from the $8.33 billion volume in 2022. This isn’t all that surprising considering how chatbots, virtual agents, and other AI business support applications in general, have totally changed the game in enhancing the customer experience.

Artificial intelligence has been growing in leaps and bounds in the last decade, making processes easier and bringing about significant changes in almost every industry. It’s not surprising that the AI global market is expected to hit US$ 1.8 trillion by 2030, from just US$ 136 billion in 2022. Now while most of us have had some experience with AI-assisted online shopping and have definitely heard of autonomous vehicles—some of the most well-known applications of AI, there’s a lot more out there.

A recently-introduced AI-powered technology has created such a huge impact across many fields, with social media feeds inundated by reviews and potential use cases of this tool. We’re talking about OpenAI’s ChatGPT. In this post, we discuss what it is and how it works, why it’s gaining a lot of attention, and how it can be relevant to your business.