Are voice assistants about to fade away?

Voice Assistant - How Can I Help You

As popular as they have been, they’re not nearly as profitable as many people think they are. By the end of 2021, about half of all US internet users had at least one voice assistant equipped device such as a smart speaker. That said, according to a recent report, Alexa, Amazon’s version of the technology, is aligned for a loss of $10 billion this year. This massive loss that is expected to happen is calling the future of the entire industry into question. The technology may be popular, but it…

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