Why early adopters of gen AI are seeing the best results, the retail revolution, and how to conquer the omnichannel catch 22. 
Inside the Black Box

INSIDE THE BLACK BOX

Breaking down the latest in AI, customer service, and technology — so you don’t have to.

 

FRONT-END DEVELOPMENTS

🖤 WE’RE LOVING: The ROI of gen AI — delivering results is our specialty
🔮 WE’LL SEE: “AI burnout” is on the rise — time for a quiet vacation
⚠️ SAY LESS: Want to marry a chatbot? You’ve got this CEO’s blessing

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BACK-END BREAKDOWN

Early adopters reap the rewards of gen AI investment

Global research from Google Cloud, surveying 1,500 C-suite leaders from global enterprises, found that 86% reported an increase in revenue — and that’s not all.

 

🔢 SEMANTICS

  • 45% indicated employee productivity has at least doubled as a result of gen AI 
  • 56% reported gen AI bolstered their org’s security posture
  • 77% said they improved leads and customer acquisition as a result
  • 85% indicated that user engagement increased, as well as user satisfaction by 80%

📈 SENTIMENT ANALYSIS

The ROI of gen AI is like a high stakes poker game — the potential payoff is massive, but you’ve got to know when to hold ‘em and when to fold ‘em. Companies that can align AI projects with clear business goals and success metrics are the ones who'll be raking in the chips. 

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The retail revolution: AI takes center stage

The retail landscape is undergoing a seismic shift, with major players rushing to check out how AI can transform customer experiences. Listen up, other industries, it might be time to take a page from retail’s playbook. At the very least, take notes. 

 

🔢 SEMANTICS

  • Target's self-checkout is paying off, with a 20% increase in customer visits from 2019
  • Best Buy launched AI-powered live tracking for product deliveries and in-home installation services, results TBD
  • Walmart used AI to crunch 850 million product data points, improving its catalog and customer experience

📈 SENTIMENT ANALYSIS

Retail is showing us the best of what AI is capable of, streamlining operations and analyzing data to drastically improve the customer experience. And this is the tip of the iceberg — just imagine what AI can do for your ecommerce store.

VENN ZERO

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While AI is doing (really) impressive work, it’s not perfect. It works best with a human-in-the-loop. And whether we want you to get away with AI-generated CVs or not is besides the point — you’re not pulling it off without giving it a read through.

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DEEP LEARNING

The omnichannel catch 22

 

Gone are the days of the one-size-fits-all phone number for customer service. Today, you need to meet customers where they are, and provide extraordinary experiences when you meet them there.


Customers today are highly diversified — across different demographics and geographies — so it’s impossible to ignore that their communication preferences are going to vary. Some customers may want to pick up the phone and reach a real human ASAP. Others may prefer to use your mobile app. And some may not want to be torn away from their social media feed.


In the same way you niche your brand to better target customers for sales, you need to look at where your customers live. How do you show up where you’re easily accessible? And, even more challenging, how do you manage the cost channels require?


You know it’s expensive to be present on multiple channels and give customers a high quality experience. As a business leader, you need to limit scope creep, manage expectations, and think about your resources — which often translates into limiting your support channels, hours, or response times.


It feels like there’s no winning: either your resources are spread too thin to provide great service or your great service is limited. Regardless, your customer experience suffers.


But this does not have to be the case with AI customer service.

 

Mike Gozzo
Chief Product & Technology Officer, Ada

READ ON
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EXPERT SYSTEM

"Gen AI is not just a technological innovation; it's a strategic differentiator. Early adopters are reaping significant rewards, from increased revenue, to better customer service, to improved productivity. Organizations investing in gen AI today are the ones that will be best positioned to succeed in the coming decade." – Oliver Parker, VP, Global Generative AI Go-To-Market, Google Cloud

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