This document discusses the rise of conversational agents and virtual assistants. It notes that artificial intelligence is becoming integrated into many industries and aspects of life. Virtual assistants are described as the third technological wave after the internet and smartphones. Key players in the virtual assistant space are highlighted as Amazon's Alexa, Google Home, and Apple. The document outlines how virtual assistants will change customer expectations around customer service. It also provides best practices and strategies for brands to leverage virtual assistants.