(5th-January-2020)
Bots are all over the internet. Here are a few places where you may encounter a bot:
When you order pizza for delivery, you probably place the order with a bot.
When you contact technical support about a problem with an app, a bot may answer your question.
When you need help choosing flowers for a friend’s birthday, a bot may suggest arrangements that fit your friend’s tastes.
When you have a health issue, a bot may provide advice from a real doctor.
Many of the bots you’ll encounter on the internet are programmed to answer specific questions from a list of programmed responses. These bots efficiently answer frequently asked questions with answers from a list of potential answers. Organizations and groups have found many uses for bots on the internet, such as to assist customers, distribute information, and sell products.
BENEFITS OF USING A BOT
Reduce costs
A chatbot replaces the number of employees needed to handle customer service calls. The bot handles the routine customer questions, while complex problems are routed to a customer service representative.
Reach a larger audience
Bots are used on social media to connect with more people and increase engagement. Social media posts can be automated.
Provide better service
A bot works 24/7 without breaks, and it remembers every instruction and every procedure. The bot answers customer questions instantly and with reliable accuracy.
TradingBot
Crypto trading bots are continuing to evolve in sophistication and functionality — with new players entering the market routinely. Trading bots are computer programs that use various indicators to recognize trends and automatically execute trades. While algorithmic trading software has been used by hedge funds in the equity, commodity and currency markets, trading bots for private investors first appeared in the foreign exchange trading space. They have quickly made their way into the crypto asset market.
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