The Evolution of Chatbots
What would you say if I were to tell you, your days of shopping may be limited? It sounds absurd, right? Well, things may be about to change.
Many e-commerce retailers are already becoming more sophisticated with their AI capabilities in capturing attention, and one approach widely developing is known as ‘conversational commerce’. In the e-commerce world, this is the confluence of visual, vocal, written and predictive capabilities. Consumer needs are rapidly evolving to the point that retailers struggle to keep up. If brands wish to survive then this is one of the priority business strategies that must be executed. The use of artificial intelligence through the application of ‘chatbots’ is just one way to drive the conversation in this next era of conversational commerce.
So what is a chatbot? By definition, a chatbot is a specific computer program that is designed to simulate conversation with human users over the Internet.
Edis.ai a new startup from Iceland has taken this to the next level.
Last month they launched Corey the Bot, a cognitive virtual shopping assistant capable of analyzing millions up millions of products to find the absolute lowest available prices.

It scans millions of products from marketplaces around the world. The user simply provides the AI (Corey) with a few details including a spending allowance for the AI. At the time of writing, you are able to give the AI $25, $50, or $100 respectively with a guarantee that you will receive a give worth at least 2 times the given spending allowance.
* Click here to check out Corey the Bot 🤖
The AI behind Corey the Bot can be integrated into various systems for fetching information and taking actions, based on user queries.

Over the last few years, Artificial Intelligence (AI) applications have evolved rapidly and are enabling organizations to drive business productivity, boost revenue and innovate business operations. AI-driven speech recognition capability is arguably the most mature application of AI that is being implemented across global enterprises on a large scale.
The AI powering Corey the Bot has been at the forefront driving the adoption of intelligent virtual assistants across various industries, successfully working with several marketplaces to deploy this solution at a scale.
* Click here to check out Corey the Bot 🤖
Although the term ‘artificial’ may imply something negative or dehumanized, artificial intelligence allows businesses to provide a more personalized experience for their customers. AI makes it possible for e-commerce retailers to analyze millions of interactions every day and ultimately target offers to a single customer — an experience every marketer dreams of providing.
