Economies and markets are evolving faster than ever. To catch up with innovation, your business needs to develop processes that are agile and automated. Some companies achieve dynamism by adopting results-based methods and artificial intelligence for facilitating progress.

Implementation of artificial intelligence

AI is considered the main driving force of innovation and technology for the future. People already see it in facial recognition, voice assistants, augmented reality or AR, chatbots, automobiles, and so much more. Kissflow also reveals that 48% of companies are adding automation to their systems.

There are many practical applications of AI and machine learning in the market these days, particularly:

Big data architecture

Logistics companies utilise the internet of things to streamline shipping operations. They develop agile workflows were devices communicate with each other, stream data to the cloud, and provide data in real time.

Predictive analysis

Financial firms and other organisations that use complex data for decision-making use AI. They automate the data gathering process so it’s easier to determine meaningful patterns within the compiled information.

Computer vision

In industrial settings, self-teaching robots are being operated safely alongside human teams. Making and implementing solutions is made faster through perception libraries and other reusable datasets.

Optimisation of workflows

To put it simply, artificial intelligence is helpful for reducing time-consuming and repetitive tasks, predicting results based on gathered data, and managing risks in execution of present and future solutions. AI is useful for business, specifically in:

Minimising costs

Since AI automates many kinds of project management tasks, you may focus on more profitable activities like hiring Filipino remote workers. This enables you to speed up the process and boost outcome quality. At the same time, you’re reducing the resources needed as well as the associated expenses.

Analysing risks

Through real-time data analysis, artificial intelligence identifies the greatest opportunities and risks before they happen. Predictive analysis provides better insight into the future of your projects. Subsequently, it advises and guides on the best way to go for your next actions.

Offloading tasks

The algorithm is designed to optimise standard tasks, including reviewing resumes when you want to hire a VA in the Philippines. Chatbots like GPT3 or GPT4 take over simple tasks like scheduling meetings, tracking documents, and sending reminders for your team.

Reducing errors

The predictive feature of AI means you receive reliable information about the current conditions and future events about your projects. It identifies possible outcomes according to collected data and aligns actions to achieve the best results. You won’t have to worry about any human bias or error in your processes this way.

Maintaining plans

By allowing auto-scheduling through programmed rules and logic, AI allows you to plan projects better. It sends alerts to team members when potential scheduling or budgeting issues arise. Data quality is enhanced, time and expenses are reduced, and workflows are optimised even further through third-party integration too.

Why choose ChatGPT for your business

Late last year, OpenAI released ChatGPT, an AI model designed to answer long-form questions conversationally. It’s making waves in all kinds of industries because it learns what humans mean when asking questions. Many are amazed by its human-like responses, making companies rethink how interactions must go.

Of course, there are many other AI bots available in the market today, such as the Microsoft Bing, ChatSonic, and Jasper Chat. Even Google refuses to lag behind by introducing the Google Bard but it’s currently available only for a select few. So, you may be wondering why pick ChatGPT out of all the options?

It uses large language models

LLMs are given large amounts of data in order to predict the word coming next in a sentence. It’s been revealed that increasing the amount of data also increased the learning ability of language models. The increase in scale enables them to perform tasks they weren’t explicitly trained on.

A statement from Stanford University says the GPT3 has 175 billion parameters while the GPT2 only has 1.5 billion, because the GPT3 was trained on 570GB of text. However, LLMs are limited since they don’t always understand what humans want. this is where ChatGPT improves on with Reinforcement Learning with Human Feedback (RLHF).

It is completely free of charge

It’s hard to say if ChatGPT is the best out of all the AI models available today. Other tools are capable of assisting you whether you want to hire a virtual assistant in the Philippines or hire a freelancer in the Philippines. There’s one benefit that it boasts of and that it’s totally free to use.

Unlike the Google Bard that’s available only to beta testers, ChatGPT is free though there’s a waitlist. There’s also a paid subscription called the ChatGPT Plus. As of this writing, it comes with general access even at peak times, faster response times, and priority access to improvements and new features.

It improves customer experience

With its diverse range of capabilities, ChatGPT helps your company keep up with customer enquiries while improving their experience. It learns from the language cues used by customers and replies in a manner that they understand best. It’s able to translate languages too, so it caters even to your foreign language clients.

Since humans don’t have to be behind the screen to respond to concerns and issues, your service lines are no longer limited to when your staff are logged in. Still, it’s a good idea to hire a Filipino VA to fill in your night hours to handle the escalations.

Why it’s still better to hire a Filipino virtual assistant

Outside of the generic advantages that come with using artificial intelligence solutions, ChatGPT by OpenAI comes with its own set of benefits as discussed above. Yet, you must remember that there are two sides to a coin so it has its limitations, particularly with:

• Quality of answers – this is dependent on the quality of the directions or input given, meaning expert prompts are necessary for better responses
• Toxicity of responses – it’s not designed to give any harmful or toxic replies so it avoids answering problematic questions altogether
• Accuracy of answers – the model provides the most plausible-sounding or human-like response but doesn’t check if it’s nonsensical or incorrect
• Lifespan of GPT3 – the natural language model was released back in 2020 so it may not be able to compete with next-generation models like the LaMDA
• Lack of emotions – this is a machine you’re looking at so it is unable to feel empathy, happiness, and other emotions that are useful in marketing

That said, when you want to give your workforce a boost, it’s still better to hire remote staff in the Philippines than rely on AI. We at Remote Workmate know which candidates have potential though they may not manifest the skills at present.

We also understand any qualms you might have about using an offshore staffing agency or about hiring Filipino remote workers. You may rest assured that we won’t provide you with robotic answers to any questions you may have about recruiting a virtual assistant for your needs.