When Her hit theaters more than ten years ago, the idea of building an emotional connection with a voice-driven AI seemed far-fetched. Well, fast forward to today, and that fantasy is looking more like a blueprint for what's to come.
Since ChatGPT's launch, we've seen rapid advancements, especially in voice AI. While companies have used voice applications to communicate with customers for decades, we’re now entering a new era where software can engage in human-like conversations.
With advancements improving key aspects like latency, tonality, and responsiveness, the voice applications market is expected to grow by 4X or more. Currently, AI-driven voice apps rely on three core architectures: one for converting speech to text (STT), another for interpreting the text (TTT), and a third for generating intelligent responses through text-to-speech (TTS).
In the short term, success will come from focusing on specific verticals like healthcare and hospitality. In the long term, AI-driven voice apps are anticipated to integrate into broader SaaS platforms, dramatically expanding the market’s potential. Learn more about the key players, their roles in the ecosystem, and the future of Voice AI in our latest blog: https://lnkd.in/epKQFhSV
Cc: Lisa Han