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A. I. Podcast: The GoDaddy brings AI to new domain names
Good domain name is more than just smart word play and searching machine optimisation. GoDaddy, the domain registration and web hostage companies, uses AI to help its website visitors better comprehend the value of their domain name. GoDaddy can thus give small operators tips on what to ask, or when they buy, it can give them faith that they will get good value.
Because GoDaddy runs the biggest domain name after market, it has a lot of information about domain name sales and sales. GoDaddy's large records help Ansel's staff to conclude that their forecast interval is 20% to 200% more effective than previous methods.
Ansel says GoDaddy's primary objective in integrating AI is to help small companies remain ahead of the competition. Taking advantage of profound knowledge to forecast the value of domain name, Ansel says GoDaddy is hoping to democratise the domain name industry for them. "If we make it easy for humans to enter the back office and trade smart, you can see how ordinary humans begin to invest in domain name investments and see domain name as an investment category that they are adding to their portfolio," Ansel said.