In episode 102 of the AI/Hyperautomation Minute, Toni Witt reviews various startups that are using natural language processing (NLP) tools, like ChatGPT, within the robotics process automation (RPA) industry.
This episode is sponsored by Acceleration Economy’s Generative AI Digital Summit. View the event, which features practitioner and platform insights on how solutions such as ChatGPT will impact the future of work, customer experience, data strategy, cybersecurity, and more, by registering for your free on-demand pass.
00:44 — The startup accelerator Y Combinator (YC) announced some of the startups participating in its Winter 2023 batch. Four of the startups claim to be ChatGPT for various applications, such as one that’s specific to customer service.
01:08 — One of the startups is building an NLP tool that lets users query databases and analytics using natural language.
01:42 — Another startup in the batch called Lasso is combining a ChatGPT-like interface with RPA as well as a Chrome extension. Lasso’s ultimate goal is to let users automate workflows and processes using natural language.
Which companies are the most important vendors in AI and hyperautomation? Check out the Acceleration Economy AI/Hyperautomation Top 10 Shortlist.
02:24 — While these ideas are interesting, Toni contemplates whether these are “built out enough today to compete” with companies, like those on the Acceleration Economy AI/Hyperautomation Top 10 shortlist, like UiPath or Automation Anywhere.
02:38 — Toni shares his thoughts that in the future, “technology is only going to continue to develop, and businesses are going to realize that they have to adapt around it.” AI in the startup world is one of the low-hanging fruits, he suggests. RPA and automation are changing around these NLP tools.
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