String Theories: Syrian Russian Roulette

This latest alleged chemical attack in Syria is either a fiction, a “false flag” or the greatest military strategic blunder since George W. Bush and his collection of warmongering ghouls used the 9/11
attacks as a pretext to attack Iraq.

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What Will Be the Talk of 4A’s Next Year?

Several things dominated the conversation at the 4A’s Accelerate conference in Miami last week: the agency-client relationship, how agencies will handle the #MeToo movement, what’s the best way to build a diverse and inclusive agency and the Parkland students who spoke to advertisers about gun control. But will those topics be at the forefront of…

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Some Stock Pickers Are Ready to Drop the ‘F’ in FANG

Stock-picking fund managers have soured on Facebook since the social network’s revelation that millions of users’ data were compromised, with some either partially or completely abandoning their positions.

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DeepMind – PathNet & Beyond – Chrisantha Fernando

DeepMind - PathNet & Beyond - Chrisantha Fernando
Chrisantha Fernando Senior Research Scientist at Google DeepMind presented PathNet & Beyond at NIPS2017 on December 7th, 2017.
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TBS Applies A Programmer’s Touch To Platform Distribution

TBS and TNT try to be “brands that live outside of television,” said Karina Kogan, SVP of digital media and products for the two networks. Beyond its owned-and-operated networks, sites and apps, Facebook, YouTube and Snapchat are the networks’ workhorses for driving engagement with viewers – and acquiring new ones. “We start with who’s watchingContinue reading »

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Is Google Using GDPR As An Excuse To Restrict Advertiser And Publisher Choices?

“Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today’s column is written by Joshua Koran, managing director, DMP, at Sizmek. As the May deadline for GDPR compliance approaches, many companies have been asking how Google may react. So when Google recently announced asContinue reading »

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Digiday Research: Where publishers get their revenues

At the Digiday Publishing Summit last month in Vail, Colorado, and the Digiday Publishing Summit Europe in Monaco in February, we sat down with 133 publishing executives to learn about how they are diversifying their revenue. Check out our earlier research on where retailers sell most of their products here. Learn more about our upcoming events here.

Quick takeaways:

  • There are three revenue streams that the majority of publishers uses, according to two Digiday surveys.
  • Licensing technology was the least common revenue source.
  • Over one-third of companies sell consumer data.

Following the collapse of the pivot to video and Facebook’s algorithm change that killed off LittleThings, Rare and Cooking Panda, 2018 has been characterized by publishers pursuing multiple revenue streams. Based on Digiday’s surveys, three revenue sources — display advertising, video advertising and branded content — are used by the majority of publishers.

This article is behind the Digiday+ paywall.

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Martin Sorrell’s Exit; Facebook’s Missed Opportunity

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. Exit Sorrell Martin Sorrell, who resigned on Saturday as CEO of WPP Group, is a singular figure in the industry and will not easily be replaced. His unique qualities were summed up nicely by anonymous “client and friend” quoted in this morning’s Axios emailContinue reading »

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Marketers see AI coming, but not as quickly as some would think

The robots are coming, but they’re going to take their time getting here.

At the Digiday AI Marketing Summit in Santa Barbara, California, many marketers spoke of artificial intelligence supplanting many marketing functions that are done manually today. The catch — or relief, depending on your point of view — is this isn’t a revolution that’s going to happen overnight.

“In the service industry, I’m convinced that in five to 10 years, a large part of our workforce will be replaced with automation,” said Michael Lawder, svp of customer care at Samsung Electronics America, onstage Friday.

Immediately after Lawder spoke those words, he walked them back. Samsung won’t get rid of the people that AI replaces; it will repurpose them, he said. It’s hard to say whether Lawder hedged because that future may be further off than expected or too close for comfort.

Throughout the summit, attendees alternated between observing AI’s shortcomings and obstacles, and imagining its opportunities. AI remains an enigma for many and, as such, served as something of a Rorschach test for attendees to envision their ideal scenario. Instead of devaluing human labor, they were hopeful that AI can relieve them of menial labor.

“If we can [use AI to] create a more efficient process for our customers, less friction for them is great and frees up our people for things that human capital has to be involved in,” said one attendee.

The story is similar to one told about programmatic advertising, which raised some fears of machines replacing humans. Like then, the idea bandied about is that artificial intelligence and machine learning will just mean marketers do higher-order tasks. (Tell that to the media buyers made redundant.)

However, that future is as foggy as AI’s definition. On the one hand, it’s unclear when AI will become competent enough to automate more of the tasks that currently necessitate human intervention. On the other hand, if and when that does happen, it’s unclear how necessary people will be.

The number of things that people will need to be involved in will likely continue to diminish as the technology becomes more competent. Years ago, the intricacies of ad tech seemed to necessitate having humans at the helm. It still does, but it requires fewer of them as ad tech has enabled brands to take more of their media buying in-house. Coinciding with that trend, the number of people working in media and advertising shrank in 2017 despite the economy growing.

Summit attendees’ optimism seems to stem from the currently basic usage of AI. It’s most commonly being used to recommend products on their sites and personalize their marketing campaigns. Even the more advanced examples are relatively rudimentary.

“Sometimes people are like, ‘Let’s just have machines do everything.’ You can’t,” said one attendee.

Samsung uses AI for the chatbot in its Samsung+ customer service app. But the chatbot can only handle transactional conversations, like checking the status of someone’s order. When it comes to more nuanced issues like a broken phone, the technology “is not quite there yet. It requires tremendous amount of overhead and oversight,” Lawder said. Instead of having the bot ask questions to pinpoint the problem, it hands the conversation off to one of the freelance “brand ambassadors” that Samsung pays to field those kinds of questions.

Nonetheless, Lawder anticipated that the day will come when “we will not talk to human beings in most of our support and service transactions.” One day that may be true, but not someday soon.

The post Marketers see AI coming, but not as quickly as some would think appeared first on Digiday.

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