How Conversational AI Is Turning Questions into Unrealized Profits
If conversational AI can turn centuries-old statues into engaging educational tools, imagine what it could potentially do for your business. Gartner projects that conversational AI will cut $80 billion in contact center labor costs by 2026, and smart companies are already capturing this value by transforming how they educate customers, train their employees and transfer knowledge. For example, Amazon’s Rufus AI is projected to add $700 million in operating profit this year. The question isn’t whether conversational AI will transform how we engage customers; rather, it’s whether your organization will be among the first to turn curiosity into a competitive advantage.
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A story in The New York Times illustrated how this can be achieved: Thanks to an app powered by OpenAI, Versailles now allows visitors to engage in real-time dialogue with 20 marble statues throughout the palace’s famous Baroque gardens. For example, when the author asked the statue of Apollo (via the app of course) “Who put you here and what do you represent?”, he received textbook answers, delivered in perfect English by a confident male voice. He then asked Apollo an unconventional question: “What would happen if a pigeon took a toilet break on such a peerless treasure?”, and AI responded with a bit of humor: “When pigeons show their affection on my chariot, it’s hardly a grand moment. But the caretakers of Versailles are vigilant. They ensure I remain in shining condition, restoring my brilliance after such interruptions.”
“Versailles’ initiative isn’t just about improving visitor engagement; rather, it’s proof that conversational AI can make any knowledge base infinitely more valuable.”
Leveraging AI’s Immersive Value
Versailles’ initiative isn’t just about improving visitor engagement; rather, it’s proof that conversational AI can make any knowledge base infinitely more valuable.
If conversational AI can provide this level of immersive educational value via centuries-old sculptures, think about what it can do for modern businesses—e.g., it could transform how companies train customers to use medical devices, or educate users about financial products, or guide employees through complex processes. Imagine a pharmaceutical sales rep being able to ask the large language model (LLM) a series of questions about drug interactions and dosing protocols, or a patient with a new medical device being able to get instant guidance on proper usage and when to contact their doctor, or a manufacturing technician being able to get real-time guidance on equipment calibration and troubleshooting procedures directly from the machinery itself.
The financial value is created by expediting how we learn and absorb information—for example, by crafting a customer experience that goes deeper than just basic self-service questions when promoting products or services—resulting in hours of contact labor costs saved. An example of this is Amazon’s conversational AI shopping companion, Rufus, the company’s go-to AI resource for answering product questions, providing product recommendations, comparing options and summarizing reviews.
“Amazon anticipates that its AI-powered shopping assistant, Rufus, will indirectly add over $700 million to its operating profit this year, and is expected to contribute $1.2 billion in Days Sales in Inventory (DSI) profits by 2027.”
The financial impact of Rufus is something that companies should take note of when evaluating AI educational tools and how they can both enhance the customer experience and serve as a revenue driver. According to a report by Business Insider after obtaining an internal document, Amazon anticipates that its AI-powered shopping assistant, Rufus, will indirectly add over $700 million to its operating profit this year, and is expected to contribute $1.2 billion in Days Sales in Inventory (DSI) profits by 2027.
As for the $80 billion in contact center labor costs that Gartner projects companies can save by utilizing conversational AI, capturing that value isn’t just about cutting costs; it’s also about creating entirely new ways for customers to engage and for employees to improve their expertise.
Turning Questions into Unrealized Profits
As ScheinerInc. discussed previously, “Conversational commerce refers to the use of messaging apps, chatbots and voice assistants to interact with customers and facilitate purchases. AI enhances this by enabling natural language processing, personalized recommendations and 24/7 availability, creating a more seamless shopping experience.”
Yet, while we continue to debate—and rightly so—how and where AI will replace human interactions, the real opportunity is using AI to stimulate our curiosity in ways we’ve never seen before. When we adopt a curiosity-driven mindset, it allows us to depart from traditional learning paths and empowers us to explore uncharted territory.
Think back for a second to the days when encyclopedias served as our go-to resource for learning. Then came the internet and the ability to search for and learn about anything. We’re now at a new inflection point that’s reimagining how we learn by challenging assumptions and opening new pathways to knowledge. Just as Google transformed how we search for information, conversational AI is transforming how we interact with it by turning every question into an opportunity for deeper engagement.
For businesses, customer queries can potentially turn learning into unrealized profit centers. This data proves that this approach works. “Deloitte research shows that companies embracing continuous learning are 46% more likely to be first to market, experience 37% higher productivity, and are 92% more likely to innovate.” Companies that embrace curiosity-driven learning will have more innovative, engaged employees who think so far outside the box, that they deliver unexpected results.
Meanwhile, your customers get a new way to engage with your brand. The question isn’t whether this technology will transform how we learn; rather, it’s whether your organization will capture the profit potential and customer loyalty before your competitors do.
Where Smart Companies Are Starting
The future of business learning won’t be built on PowerPoint presentations. As the next generation of employees and customers embrace AI the same way previous generations embraced the internet, conversational AI becomes essential for personalized, adaptive learning. These tools integrate gamification and simulations, allowing users to customize how they learn, such as asking for step-by-step instructions or explanations at a public school reading level.
The Impact of Conversational AI
Hyro, a leading healthcare conversational AI provider, helped a large non-profit health system achieve remarkable results:
44% of repetitive calls automated, reducing call center burden
Call abandonment rates dropped by 85%
79% of online chats resolved end-to-end by AI
Multi-million-dollar ROI within months
With manufacturers losing up to $260,000 per hour of downtime while still relying on paper documentation, smarter information retrieval is critical. Makula’s AI Copilot gives technicians instant access to machine data, maintenance records and repair instructions in response to simple questions, turning tribal knowledge into accessible expertise. Outcomes include:
Reduced Downtime: Proactive maintenance through accessible machine logs and predictive analytics
Bridging Skill Gaps: Real-time guidance for new technicians reduces training time and veteran dependency
Streamlined Documentation: Hands-free capture and organization of maintenance notes and insights
Improved Productivity: Less time searching, more time solving problems
These examples demonstrate that when you make expertise conversational, you transform confusion into clarity, education becomes a competitive advantage and customers go from being frustrated to being loyal.
So, Where Does Your Organization Start?
The answer lies in what Versailles got right from the get-go. In an interview from the same New York Times story, Versailles president Christophe Leribault said that he believed that the OpenAI feature was a reliable educational aid, stating that “The public has a curiosity that we need to respond to, and anticipate. What visitors get from the AI experience is not a gadget, but an informed tool co-designed with our specialist teams, which is artistically sound and doesn’t say things that are meaningless.”
Not only did he want a reliable educational aid, but the AI app needed to respond to visitors’ basic questions and anticipate unconventional ones, such as the authors pigeon toilet break question. More importantly, it doesn’t misrepresent the visitor’s experience and always provides some value.
This ties back to always starting with a strategy. I’m a strong believer in being as proactive as possible by asking the right strategic questions that will help improve your probability of success. For example, what business pain points are weighing on the organization and its employees? Or how can we close customer service gaps that will drive retention and customer lifetime value?
Simply put, what is the experience we are looking to deliver and solve for, and what are the desired outcomes? Not to oversimplify this by any means, but I’ve broken down several areas to consider as you begin to strategize your approach to conversational AI.
Here are the key questions every organization should ask:
Short-and Long-Term Goals: How will AI benefit us in the short term? Where does it fit into our long-term strategy? Can it scale as we grow? How could conversational AI benefit our customers both today and tomorrow?
Data and Governance: Do we have the right data that’s been cleaned and is unbiased with which to train the LLM? How will the data be stored and monitored to ensure that it adheres to our ethics policy?
Organizational Impact: How will the AI solution impact current workflows and the roles of our employees? What are our employees’ biggest challenges with implementing and learning about AI within our company? Do they have the right skills? What additional training will they need so that we succeed?
What Are Our Measures of Success: How long will it take until we see a tangible ROI? What will that ROI look like for the company and our employees and customers? How will we track and measure each?
While there are certainly more questions about conversational AI and any other AI implementation that will need to be answered, the companies asking them now will be the ones capturing that $80 billion opportunity.
The question isn’t whether conversational AI will transform how we educate and engage; rather, it’s whether you’ll be among the first to turn curiosity into a competitive advantage.
Questions about your AI strategy? Email me here. As always, thank you for reading and/or listening.