AI chatbots like Woebot, Replika, and Wysa are digital companions designed to offer coping strategies, track mood, and provide support.
These chatbots have been shown to reduce symptoms of depression and anxiety, and the mental health chatbot market is projected to hit $500 million by 2027.
However, chatbots cannot fully replace therapists as they lack human connection, intuition, and the ability to read non-verbal cues.
Chatbots have limitations in interpreting nuances, handling crises, and privacy concerns, but they can complement therapy as mental health first aid.