Category Archives: speech-recognition

How Alexa, Siri, and Google Assistant Will Make Money Off You

Description:  Apple, Amazon, and Google say their virtual helpers—Siri, Alexa, and the less snappily named Google Assistant—can make our lives easier by acting on our commands to book cabs, order pizza, or check the weather.

Source: technologyreview.com.com

Date:  May 31, 2016

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 But like all the other free-to-use goodies that tech giants offer up, these new personal assistants must also earn their keep. The companies aren’t saying much about exactly how their automated personas can boost their bottom lines, but they have clear potential to open up new lines of revenue. Perhaps most important, they could significantly increase the data that companies have on our preferences and everyday lives.

“A deeper profile of the customer is possible,” says Sridhar Narayanan, an associate professor of marketing at Stanford. “Already Google and these others have a lot of information about us—this is one new source that is different.” read rest of story

Questions:

1.  What is the revenue model to earn a revenue stream with these virtual assistants?

2.  Which one do you anticipate being the most successful? Why?

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