Revolutionary Business AIs Enhancing Transactional Engagement!

Aug 1, 2024 | Instagram News

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  • People may not care about Meta’s AI bots that simulate engagement with real humans in its apps.
  • Meta is exploring the use of AI chatbots for businesses to facilitate faster ordering and customized engagement.
  • Meta is integrating AI into ad targeting and creation tools, driving results.

An Uncertain Future for Meta’s AI Bots

In today’s Q2 earnings call, Meta CEO Mark Zuckerberg discussed a future application of AI chatbots built by individual businesses, that would facilitate faster ordering and customized engagement, powered by increasingly adaptive and intelligent AI tools.
As per Zuckerberg:
“Our goal is to make it easy for every business to pull their content and catalog into an AI agent that drives sales and saves them money. When this is working at scale, I expect it to dramatically accelerate our business messaging revenue.”
So, conceptually at least, Meta’s aiming to develop “Business AIs” which will have access to your entire product catalog and info, and will be able to provide personalized customer service within its apps.
Which, essentially, is what Meta wanted to do with Messenger bots, and which, as noted, nobody actually used.

So, based on precedent, the indicators here are not great, but maybe, with smarter AI technology, and with more people growing accustomed to interacting with AI tools, this could be a good bet, providing Meta with another opportunity to integrate AI into its business offerings.
It’s a better use of AI than simulating human engagement either way, and with the broader adoption of tools like ChatGPT, it does stand to reason that there will increasingly be demand for options like this.
Meta’s also, of course, integrating AI into its ad targeting and creation tools, and there’s clearly benefit there, in building smarter systems based on user responses in its apps.
Meta’s vision is that advertisers will eventually only need to select an ad objective and set a budget, with its systems then able to do everything else, including creating images from your catalog, populating copy, initiating ad variations, targeting, etc.

That’s evolving, and it’s already driving results. And again, as this is away from the user view, the benefits here are more tangible, but for the most part, I don’t think that people actually want bots replacing human interactions in the app.
Transactional interactions are different, and that could be an area of opportunity. But it feels like there’s a clear divide between these two use case, and that’s being reflected in user responses.
Because overall, social media apps are exactly that, social, and Meta should heed the lessons of chatbots past to avoid the same missteps.



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