Wednesday, November 8, 2017

Caring is more precious than money

SON: “Daddy, may I ask you a question?”
 DAD: “Yeah sure, what is it?” 
SON: “How much do you make an hour?”
 DAD: “That’s none of your business. Why do you ask such a thing?” 
SON: “I just want to know. Please tell me, how much do you make an hour?”
 DAD: “If you must know, I make $100 an hour.” 
SON: “Daddy, may I please borrow $50?” The father said, “If the only reason you asked that is so you can borrow some money to buy a silly toy, then you march yourself straight to your room and go to bed. I work hard every day for my money.” The little boy went to his room and shut the door. After about an hour or so, the man started to think: Maybe there was something he really needed to buy with that $50. The man opened the door and said: “I was too hard on you earlier. Here’s the $50 you asked for.” The little boy sat straight up, smiling, and said, “Oh, thank you daddy!” Then, reaching under his pillow a slowly counted out his money, his father asked, “Why do you want more money if you already have some?” SON: “Because I didn’t have enough, but now I do. Daddy, I have $100 now; can I buy an hour of your time? Please come home early tomorrow. I would like to have dinner with you.” The father was crushed. He put his arms around his little son, and he begged for his forgiveness.

Business Application of ChatBots

Chatbot is one of the new application of artificial intelligence which would result in deep change in how customer service and sales are being conducted. Business Insider calculated that chatbots can replace 29% of customer service and 36% of sales representatives in the United States alone. This would result in $23 billion and $15 billion in savings of salaries respectively.
The appeal of chatbot is its ability to respond to standard customer queries on products and services instantaneously without having the long response time needed for emails. Customer service tends to work during office hours but chatbots can work around the clock and also collect data from each customer interaction.

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Caring is more precious than money

SON: “Daddy, may I ask you a question?”  DAD: “Yeah sure, what is it?”  SON: “How much do you make an hour?”  DAD: “That’s none of your ...