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Scroll down for video To assess how effective the chatbot is, the researchers tested Woebot on students suffering from anxiety and depression.

In a randomised study, 70 students were asked to either engage with Woebot, or a self-help e Book over a two-week period.

Within the chat, Woebot uses artificial intelligence to create natural, personalised and human-like conversations and offer emotional support to users.

Tom Pullar-Strecker takes seven lessons from the Xerocon conference in Brisbane. It's a corporate, not a startup More than 2300 people attended Xerocon South, the biggest of Xero's three annual bashes which also take place in Los Angeles and London.

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Founder Rod Drury is still very much front and centre, whether he is skateboarding across an exhibition hall or showing off a product feature with his trademark boyish enthusiasm.

READ MORE: Xero and MYOB trade barbs on event day But Xero is grown-up now, with its own bureaucracies, internal politics and a lot of managers on its various tillers. Accountants may get the last laugh Accountancy been a "sensible" career choice for generations of graduates.

The results showed that Woebot was successfully able to deliver cognitive behavioural therapy (CBT) – the most effective treatment for mood-based disorders.

Students who used Woebot also reported a significant reduction in their symptoms of depression and anxiety, and said that the chatbot made them feel empathised with.