Voice Looms Large for Apple and Mary Meeker

Apple and Mary Meeker agree: we’re living in an increasingly voice-first world. But how well is Apple adapting?

On May 30, Kleiner Perkins venture capitalist Mary Meeker, one of the most influential pundits in digital, released her annual Internet Trends report. The uptake of voice-based digital interfaces was a significant theme. She identified voice as one of nine areas where innovation and growth are occurring as U.S. internet usage continues to growth.

“With voice, we’ve hit technology liftoff with word accuracy and we’ve certainly hit product liftoff with Amazon Echo’s install base estimated to be around 30 million plus,” she said, as she presented her report at the 2018 Code Conference. And she presented slides to illustrate her point.

It’s worth noting that in her 2016 report, she quoted Andrew NG, chief scientist at Baidu, who said, “As speech recognition accuracy goes from say 95% to 99%, all of us in the room will go from barely using it today to using it all the time. Most people underestimate the difference between 95% and 99% accuracy – 99% is a game changer . . . “

According to Meeker’s 2018 report, we’ve now approaching that point where accuracy rates will trigger widespread adoption.

As Meeker noted, sales of the Amazon Echo have been phenomenal – an example of a technology company identifying a need that people did not know they had.  And the Echo is an important, but not the only, barometer of voice’s uptake. Businesses such as Amazon, Continue reading

Why Voice Search Is the Future of the On-Demand Economy

googleassistant

Mobile gave rise to the on-demand economy. But voice search will fuel its future.

Google demonstrated how voice will form the foundation of an on-demand search ecosystem when Google announced the Google Assistant intelligent search tool at the company’s I/O event in May. Then Apple, at its Worldwide Developers Conference June 13, showcased a smarter and more ubiquitous Siri voice-activated intelligent agent for using our voices to do everything from order an Uber ride to make restaurant reservations. Both developments underscore how voice is rapidly shaping the way we research and buy in the moment.

On-Demand Everywhere

In a June 7 blog post, I discussed how mobile triggered an uptake in on-demand living by making it easier for consumers to use their phones to quickly find things to buy and places to visit. Google calls these moments of rapid decision making “micro-moments.” Uber sensed the popularity of micro-moments by launching its now wildly popular service through which we use mobile devices to get rides when we want them. Amid Uber’s ascendance, businesses ranging from Amazon to Walmart have embraced various models of on-demand commerce.

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