AI Voice Assistants: 9 Key Predictions For The Future Of Technology

AI Voice Assistants: 9 Key Predictions For The Future Of Technology

With nearly 1 in 4 U.S. adults already having a smart speaker in their home, voice assistants and Conversational AI are quickly increasing in popularity in most major markets and becoming a normal part of people’s lives around the world.

Systems like Alexa and Google Home have created a new field of research in cognitive science that examines the effects of conversational devices interacting with users. The widespread availability and increasing adoption rates have also contributed to consumer behavior trends and purchasing patterns — from voice assistants becoming ubiquitous to people spending more on home improvement projects and the growing use of mobile devices as digital assistants.

In this article, we’ll take a deeper look at this field and explore 9 of the most important predictions for voice bots and Conversational AI.

The consumer shift to voice, driven by evolving user demands, is causing change across the customer service space. Voice user interfaces, or VUIs, offer highly effective means of communicating and interacting with consumers. As users become increasingly comfortable with digital interactions in real-time, brands can use conversational interfaces for faster response times and increased customer satisfaction.

Due to these reasons, voice assistance is growing at a tremendous rate and it’s highly likely that nearly every app will be using AI-based voice technology in some capacity in the next five years. The emergence of AI voice assistants will also be helped by the fact that voice applications are becoming significantly more intuitive, responsive, and simpler to use in the future.

Personalization is more than names at the top of emails, it’s staying in touch with customer tastes and preferences and actively including them in the conversation. Personalization is essential for building meaningful relationships that last. Businesses can use machine learning (ML), in particular, the subset of ML known as Natural Language Processing (NLP) along with Sentiment Analysis to identify the true meaning of customer requests and queries. By identifying the Intents in those requests, brands can generate accurate responses to customers instantaneously.

For example, Pillo health helps users stay on top of their medication — measuring when it should be taken, keeping it stored, and dispensing it at the right time. When a user adds a new medication to their Pillo account, the robot politely reminds them to take it regularly before the date they need to administer it.

Voice notifications are a valuable tool to engage users within the application and this tendency will keep for the future of voice technology. Notifications can be helpful in reminders, promotions, and information. 55% to 60% of all mobile users opt into push notifications which means that businesses have a stronger chance of reaching their audience with relevant and timely messages.

Voice assistants are also designed to connect to third-party apps for voice push notifications, for instance, both Google and Alexa have this functionality, allowing them to notify users about everything from calendar appointment reminders to music streaming services.

As adoption rates among online shoppers continue to rise and voice search continues to be at the top of the eCommerce sales funnel, eCommerce sites must ensure that they have the tools necessary to capture information and engage customers. By engaging customers, brands can develop long-lasting relationships with customers. Check out Use Cases of Conversational AI in eCommerce to improve Сustomer Acquisition and increase Sales.

According to Juniper Research, consumers will spend $19 billion on voice-enabled products by 2022. If voice search models are successful enough, this will introduce a new advertising gate for brands that want to keep their messages prominent.

The latest trend in the voice assistant market is built-in security features, aiming to help users feel safer when using voice assistants.

Once again, mega-corporations like Amazon and Google are taking charge here, having released updates that put security measures in place like speaker verification and ID confirmation.

To further resolve users’ privacy concerns, Amazon has published several more comprehensive documents about the Echo’s recording capabilities and how it preserves users’ data.

If you’re concerned about your data being recorded by your Echo (or lack thereof), Amazon added several significant new features to help ensure that personal information is never stored on the device.

Apps with integrated AI voice assistants have improved usability and make app navigation easier. With voice-activated apps, users can control nearly all of an app’s functionality through voice commands. In many ways, this is similar to text-based chatbots or GUI-based conversational agents that allow users to navigate enter websites through a single element in the website. But, voice-based navigation is even faster and easier. This is a game-changer for end-users who are less tech-savvy and want to use apps while spending less time and energy.

An advanced Interactive Voice Response (IVR) and a call tracking system can significantly improve sales and customer satisfaction, and even more provide call center automation. Businesses can use an intelligent virtual agent powered by an NLP engine to answer customers’ questions in real-time or create outbound calls with the click of a button. A smart call tracking system integrated into a business’ IVR lets them monitor and record every phone call from prospects or customers, creating robust data that can be used to generate outbound sales campaigns.

Increased visibility into your leads and contacts will give you a brand-new approach to sales, allowing you to optimize efforts immediately — giving your business a competitive advantage and improving overall performance.

When mentioning Conversational AI’s use in gaming, we can’t ignore the importance of text-to-speech as well as voice recognition in creating a more immersive gaming experience. This is not an easy feat, especially when considering the vast possibilities of different types of voices, including synthetic voices and generative neural networks.

That said, generative neural networks are machine learning tools that are making this possible. Developers can create dynamic verbal dialogue for video games with far less manual labor.

As neural networks and artificial intelligence engines become more advanced, game designers can create NPCs with current voice-acting tools and use them to create a more immersive storyline. The next innovations in AI engines will allow bots to develop a custom personality based on player action, producing more realistic conversations. The NPC responds according to how the player has acted throughout the game. Considering that video games have become the biggest sector in the entertainment industry, it’s promising to see voice technology being a core part of its innovations.

Voice cloning is a process that uses machine learning along with neural networks to generate realistic human speech Neural network-based text-to-speech platforms mimic how the brain functions to process language and exhibit outstanding efficiency at learning patterns in data.

Deep learning comes into play when it’s time to generate human-like speech and is particularly effective at capturing nuances such as speed and intonation.

Through the power of artificial intelligence, deep neural networks, and cloud-based GPUs, new startups can create a computerized voice that modifies your own and make it indistinguishable from the voice of a natural person. Voice cloning will certainly be one of the biggest drivers in the entertainment industry, very similar to early CGI. The realistic nature of voice cloning is already creating a buzz in Hollywood. To a lesser extent, voice cloning may see consumer uses, especially in privacy-focused online communities.

Brands like Starbucks, Spotify, and eBay have built intelligent customer service into their online presence. One of the most innovative chatbots is the Bank of America’s Announcement bot by the name of Erica. Erica uses artificial intelligence, algorithms, predictive messaging, and many other advanced techniques to help customers make payments, check balances, and new products.

On the other hand, Amazon voice assistant continues to extend its lead over the competition by announcing its Alexa Skills and Alexa Capabilities. Amongst other new features, Amazon has given developers the tools to build their own Alexa skills (apps) — a unique feature that’s not available on any other device.

Some ideas for using Alexa skills include: improving the user experience, providing information, and improving productivity. For instance, a customer can experience a new product through Alexa’s customer-centric approach — with questions like “Alexa, how is this product made?”

Conversational AI and voice assistants have improved at communicating with humans across a range of situations. However, voice recognition and natural language understanding aren’t perfect and there is still room to improve. For now, experts are innovating to combat a few key challenges, including:

The future of conversational AI, and particularly voice assistants is very bright. About 60 percent of smartphone users have tried voice search at least once in the 12 months; while they might not engage with it every day, they are beginning to see the convenience and accessibility it offers. By 2024, the global voice-based smart speaker market could be worth $30 billion, which is another indication of the vast market of voice assistants. But with every untapped opportunity comes a ticking clock, to capitalize on it before it loses its competitive advantage. With these 9 top predictions for voice assistants, we’ve tried to help businesses like yours find the right opportunity in this promising new world of voice assistants.

However, if you’re unsure of how to proceed with developing and deploying voice assistants of your own, consulting with an expert like Master of Code Global is the best way to go.

Interested in a Conversational AI solution? Let us help you connect your brand with customers where they communicate today. Chat or voice.

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