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Chatbots at the forefront of the workplace of the future

The future of the workplace is rapidly evolving, with chatbots playing a major role in automating tasks and revolutionising the way businesses interact with customers. With the growth of artificial intelligence (AI), chatbots have become increasingly human-like and sophisticated, able to perform an array of functions from basic customer support to more complex processes.

Chatbots have been around for over a decade and have grown in popularity in recent years, replacing mundane tasks like scheduling meetings or answering simple customer queries. In finance and banking, for example, chatbots are being used to interface with customers, with businesses potentially reducing customer service costs by up to 30% through their use.

Chatbots are not only impacting customer service, but also revolutionising internal processes in large organisations, such as the onboarding process and automating leave applications. With advancements in conversational AI, chatbots are becoming increasingly personal, offering product recommendations based on personal history and improving customer strategies. 

But this is only scraping the surface. Currently most chatbots are rules-based, meaning they have clearly defined conversation paths that respond to keywords or to reference previous conversation threads, meaning they still tend to get stuck whenever the end user veers off the script.

 

Enter Chat GPT

OpenAI's recent launch of ChatGPT (Generative Pre-trained Transformer) has generated significant media attention for its ability to interact with customers in a human-like manner. ChatGPT stands out from traditional chatbots as it can predict language patterns and respond with detailed, human-like answers.

Despite the technological advancements, chatbots and AI still face teething challenges, such as inherent biases and difficulty in resolving complex issues. While the future of work may involve less human interaction, human input will continue to play a vital role in the development of AI and chatbots. As AI matures, chatbots like ChatGPT will continue to increase office efficiency, freeing up workers to be more creative and improving the overall workplace experience.

Humans still have a place in the workforce

As the technology progresses, the workplace of the future will undoubtedly require less human interaction, yet human input will, at least for the foreseeable future, continue to play a vital role in its development, so reports of the demise of large sectors of the workforce remain somewhat premature. As AI technology continues to mature, chatbots will continue to increase office efficiency, removing the more mundane aspects of work and hopefully freeing up workers to be more creative.

To discuss your digital skills requirements or to explore opportunities for digital skilled consultants within FinXL, call your local FinXL office today.