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Walmart and Amazon Face Tougher E-Commerce Rules in India

How will the new rules hurt Walmart and Amazon? The Indian government recently updated its policies for foreign direct investments (FDI) in e-commerce platforms, and the changes could throttle Walmart (NYSE: WMT) and Amazon.com's (NASDAQ: AMZN) growth in the country. The new rules, which go into effect on Feb. 1, will ban online retailers from offering exclusive sales, prevent them from selling products in which they own equity interest, and introduce new restrictions on discounts and cashback offers. The rules are aimed at helping smaller retailers compete more effectively against Walmart's Flipkart and Amazon. The new FDI rules could hurt Flipkart and Amazon in several ways. First, both companies frequently partner with big brands to launch platform-exclusive sales, especially for smartphones. Amazon previously launched an exclusive sale withXiaomi (NASDAQOTH: XIACF), and Flipkart did the same with Oppo. The new rules wil...

Chatbots — The entry into AI




Introduction to Chatbots, Messaging Channels and the History of Artificial Intelligence and Robots Chatbots are not a particularly new phenomenon to this world. They are in essence nothing more than a programmed input-output system. In the most basic form, Chatbots, also known as chatterbots, interact with humans on closed domains via written text. The user may ask simple questions or give simple commands like “Give me a news update”, which the Chatbot scans for keywords and possibly matches these with its dataset. If the Chatbot is able to match one or more keywords with its dataset, the predefined response will show as output. This basic form of Chatbots, in turn, can be altered and programmed to eventually arrive at more intelligent bots that may converse not only on closed domains but an open domain as well, meaning that the user may also give commends outside the actual context. For instance, when communicating with a newsbot it may answer unrelated questions like “how is the weather tomorrow” or “find me red sneakers” as well.

During the last developer conference in April 2016, Facebook announced that it would open up its messenger platform for the commercial use of Chatbots, and so did Microsoft, WeChat, Telegram, Kik and Slack to name a few. Since the announcement, the Chatbot market has grown exponentially with developers and user experimenting with celebrity Chatbots like the many Selena Gomez Chatbots and the Shakespeare Chatbots, flirty ones like the Evie Chatbot and other girlfriends Chatbots, as well as the various attempts for adult, +18 and other sex Chatbots.

In 2001, AOL experimented with commercial Chatbots and released a system called SmarterChild on its messenger platform AIM. SmarterChild was able to give information about the weather, the cinema program, and the latest news. The system was somewhat more intelligent than Eliza, yet restrictive because of its continuous confusion and default answers.



Even though the developers of Eliza claim that she/it did pass a restricted Turing Test, one quickly observes the limits Eliza is bound to. A few questions are enough to know that Eliza is not human (or has a terrible sense of empathy).

The Turing Test has been a milestone in the early research of AI. In this test, you chat via a computer with two partners who are sitting in another room. One of the partners, however, is a Chatbot, while the other is a human. It is the task to find out on what end the computer operates. The Chatbot is supposed to be programmed to convince you that he is a real person.

What question would you ask?

According to Turing, if it is not possible to detect in the conversation with an invisible opposite whether the opposite is a human or a machine than one needs to assign a spirit to the opposite even if the opposite is a machine.

  • Even though you probably never heard of this specific test, you constantly use the Turing Test. Every time we get a message that says “Congratulations, you won 1.000.000 Dollar” we evaluate whether the message was generated by a machine or human.
  • Until now, no Chatbot has been able to pass the Turing Test without any restrictions in the test setup. That is of course partly due to the technological limitations researchers still face but also due to a rather ethical/ philosophical issues.
So, Chatbots are not particularly new. Yet, they enjoy a tremendous amount of interest from large companies, developers and pretty much everyone else at the moment.

The future is expected to be shiny and nobody really knows what is going to happen. It seems the ride could go anywhere. Already now, at the very beginning of simple Chatbots, developers give insights to their visions that the main street might not be ready yet. Sam Mandel, CEO of the company behind the weather forecasting C(h)atbot Poncho dreams of a Chatbot that people use more than just for getting information on whether to take their umbrellas or sun blocker when leaving the house. Mandel can be quoted: “Our goal is to make it the first bot you want to be friends with.” That future version is supposed to react like a human being. When insulted, Poncho will not answer for a while.

But why do Chatbots experience an overwhelming hype just now?

It is quite simple because Chatbots are the New Apps. This is not only what we think but also what Facebook founder Mark Zuckerberg and Natya Sadella from Microsoft say.

On the one hand, the App-Area has come to an end. A user is not willing to install a separate app for each service they need anymore nor to create a user account for each app again and again. Messaging-platforms have become more and more important. A few platforms, billions of users with millions of integrated services. Some voices even say that search engines and the browser will become redundant as one day we will find all the information on Facebook.

On the other hand, the most used apps have become the messaging apps. WhatsApp and Facebook-Messenger alone reach over 1,7 billion active users. Studies show that besides gaming, from all the time we spent on our smartphones 90% of our time is spent on messaging apps and platforms.

All in all, we are still at the beginning. There is only a few dozen Chatbots available of which most work with defined command buttons only. But as NOBODY who walks the earth is perfect, so is NOTHING on this planet perfect — neither are Chatbots. It is rather a question of time and patience. And on the trail to the vision of intelligent robots, Chatbots might be a significant cornerstone in that direction.



And then one day, there might be that moment, when you talk with or about your Chatbot and don’t call the Chatbot and undefined “it” anymore but give it a name or say “he/she” and you realize her is not far away anymore.

Start your journey now by creating a personalized Chatbot for your brand or personal life with largest provider in europe

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