SPEECH RECOGNITION

Speech recognition is a massive part of artificial intelligence (AI). This can be utilized by schools to assist students who are not yet proficient at typing. Speech recognition is also tremendous for businesses, where it can be used to listen to voicemails, and meetings and accurately transcribe what is discussed.

DECISION MANAGEMENT

In decision management an AI system will quickly access the made decisions. Using decision management, an AI system can evaluate the risks and decide whether or not the reward outweighs the risks. This risk assessment could be useful for businesses for many things including investment, new products, and more.

VIRTUAL AGENT

A virtual agent is like a chatbot. For example, a student with a virtual agent could immediately get a response to his/her question without waiting for an email back from their teacher, and they could do so without the worry of a language barrier. This chatbot is also useful for businesses as they could answer customer questions quickly and efficiently, cutting costs and increasing customer satisfaction.