article thumbnail

How To Train a Transactional Chatbot Using Reinforcement Learning?

The Product Coalition

One powerful approach to training such chatbots is reinforcement learning  — a subfield of machine learning. In this article we talk about transactional chatbots, shedding light on their functionalities, the pivotal role of reinforcement learning in their training, and their application in various sectors.

article thumbnail

Mobile App Development for the Insurtech Sector: A Quick Guide

The Product Coalition

In an insurance app, this is the place where customers get to view all their information in a single place like their personal details, customer ids, policy number, reminders about due payments, etc. With a mobile app, user engagement will increase and if your policies are good enough then your clientele will too.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

510: How to use these AI tools to create a product brief – with Brian Collard

Product Innovation Educators

We’re talking about how artificial intelligence (AI) is changing the way we manage products and come up with new ideas. Before using AI, check your organization’s policy to make sure you’re in compliance. Before using AI, check your organization’s policy to make sure you’re in compliance.

article thumbnail

Digital Transformation: What Product Managers Need To Know

The Product Coalition

BMT also requires creating innovative new business models that can enable organizations to stay competitive in today’s ever-evolving digital landscape. Companies can use artificial intelligence and machine learning to create automated customer service chatbots, making it easier for customers to get answers quickly and accurately.

article thumbnail

Digital Transformation and Product Management

Roman Pichler

Embracing new technologies like machine learning, micro services, big data, and Internet of Things (IoT) is part of that change, as is the introduction of agile practices including cross-functional and self-organising teams, DevOps, Scrum, and Kanban. We do software, not insurance policies.” What do mean?”

article thumbnail

How Machine Learning Transforms Insurance

Oren Steinberg

Well, machine learning is writing a new chapter in the old insurance book. For P&C carriers we see the opportunity for improving business goals, and easily pilot machine learning in the following areas: Risk Modeling. Carriers can get an actuarial lift even without designing and filing new actuarial models.

article thumbnail

IBM’s Arin Bhowmick on designing ethical AI

Intercom, Inc.

took over the company in 1952 and decided to make his mark through modern design, they’ve become the single largest design organization in the world, with over 1500 designers working in innovative products from machine learning to cloud to file sharing. Since Thomas Watson Jr. And that’s where Arin Bhowmick comes in. Arin: Yes, indeed.