Artificial Intelligence, Future of Business | Ramesh Shrikonda | TEDxYouth@VedicIntSchoolSambalpur

Artificial Intelligence in India

• India ranks 10th in private investment in artificial intelligence, with $1.4 billion invested, while the United States leads with $67 billion. (6m50s)
• India has the highest artificial intelligence skill penetration in the world, with three times more AI-related skills than any other country, and has seen a 15% growth in artificial intelligence and machine learning jobs. (8m13s)

Artificial Intelligence: Definition and Impact

• Artificial intelligence (AI) is computer software that can perform human-like activities, such as learning, decision-making, and problem-solving. (10m46s)
• AI is impacting all sectors, including manufacturing, e-commerce, supply chain, and service industries. (11m26s)

Artificial Intelligence in Sales

• AI can be used in sales to reduce costs, increase speed and efficiency, and improve quality. (12m57s)
• Artificial intelligence (AI) can be used to automate many aspects of sales, including crafting emails, making follow-up calls, and handling objections. (19m1s)

Chatbots: Types and Applications

• There are many different types of AI-driven chatbots, including menu-based chatbots, rule-based chatbots, keyword-based chatbots, LLP chatbots (which work based on conversation history), machine learning chatbots (which provide suggestions), and hybrid chatbots (which combine AI with human interaction). (20m44s)
• Chatbots are being used in a variety of industries, including customer service, marketing, human resources, CRM, and sales support. (23m2s)