Chatbots are virtual assistants designed to respond like humans through natural language processing capabilities. They can be used for basic user interactions like customer service and tech support. Businesses are implementing chatbots to automate tasks like booking appointments at hospitals and providing personalized shopping experiences at stores. Chatbots can save businesses money through reduced staffing needs and 24/7 availability while also retaining customers by shortening wait times and strengthening user engagement through their ability to sense emotions. Some argue that chatbots can even build better relationships than humans by providing a more personalized experience.