What if I told you the 1st time people thought of machines replicating human conversations was almost 70 years ago!
And that’s when the Turing Test was developed. The Turing Test was the 1st of its kind, it asks the question “Can Machines Think?”. Alan Turing proposed The Imitation Game. Here an interrogator will talk to a person, X, and a machine, Y, through a series of written questions and determine if X is a person or a machine.
Even though the test has its flaws and saw a lot of criticism, the test is still in use today. Since then, this fascination of getting machines to answer our questions has only increased and today one facet of it is called “Chatbots”.
Chatbot Usage and Engagement Market Statistics
Recently, some updates were made to the International Data Corporation (IDC) Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide, which suggested that spending on cognitive and AI systems will reach $77.6 billion in 2022, that’s almost 3X the $24.0 billion forecast for 2018.
The largest and fastest-growing technology category goes to “Software”, in which around 40% of all cognitive/AI spending with a five-year CAGR of 43.1%. Cognitive/AI spending will be focussed on 2 areas:
- Conversational AI applications (e.g., personal assistants and chatbots) and
- Deep Learning and Machine Learning Applications
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