What’s What on AI in Marketing
If Google
Trends is any indication, interest in artificial intelligence (AI) has
increased steadily every year since 2012. That is great news for its developers
and the businesses that benefit from its use, but unfortunately, many people
just hear the hype about it and don’t understand its substance. When it comes
to AI, it’s common to see the following types of exaggerated headlines:
- AI Will End Humanity as We Know It
- After Beating a Human at a Board Game, AI Poised to Take Over the World
- AI Can Solve Every Business Problem in Existence
While
there’s no doubt that AI can and does transform the personal and working lives
of millions, it’s important to maintain realistic expectations about it. It
absolutely will disrupt marketing as well as many other industries. Because of
AI, future generations will live in a world that seems like science fiction
compared to the technology we have today.
With its
unprecedented growth rate, AI receives a lot of attention both online and
offline. Since much of it amounts to little more than hype, it’s up to you to
sort out what is true about using AI and what is an exaggerated claim. This can
be challenging to do when you’re new to the world of AI.
The biggest
concern that people seem to have related to using AI is that it will put them
out of a job. This can lead them to become anxious and believe many false
assumptions about AI. Before you believe any AI hype, positive or negative,
take the time to conduct your own research. Here are three things to watch out
for as you do:
Not everyone uses the term artificial
intelligence correctly. It includes many technologies, such as deep learning, machine learning,
and neural networks. The term AI is a broad one that people can interpret in
numerous ways. Although some news writers and people in business refer to these
concepts with the blanket term of AI, they don’t mean the same thing. Instead,
they describe unique and specific technologies that have some relation to one
another. Until people understand this concept, they will continue to have many
misconceptions. Using AI consists of tools with the capability to complete
certain tasks instead of a single technology that can complete nearly
everything.
Use logic to evaluate scare tactics
about AI. Sensational
news sells, which is why many news writers resort to developing headlines
screaming that AI will soon replace humans on the job. While job loss is
possible in certain industries, it’s more important to understand how AI
impacts the transformation of your job and acquire the information you need to
cope with the massive changes. For example, you can expect AI to automate many
sales and marketing tasks. Your job may very well be in jeopardy if you don’t
evolve. The exciting news is that AI will create new career paths as well as
enhance the work people do on the job right now.
Professionals
who work with AI will become more concerned with productivity and individual
performance. As companies continue to invest in AI technology, it will free up
marketing teams to work on tasks of greater importance that bring in more
revenue for the company. Those who embrace rather than fear AI will find that
their role in business continually evolves. It will also help to form a
stronger spirit of cooperation between marketing and sales. When you overlook
the hype about AI and understand it in context, it makes an excellent
on-the-job tool.
Some business owners only think
they’re using AI. It
can be easy to feel confused with such a new technology. People sometimes assume
they’re using AI when they’re only trying to make sense of one of its tools.
Additionally, it’s common for businesses to include AI in their marketing
campaigns whether they use it or not. Just the idea that a company is using the
latest technology is attractive to many customers.
Part of the
problem lies in the way that some company leaders describe automated tasks
completed by their employees. Although these leaders offer useful tools and
reference legitimate case studies, they could be just buying into the AI hype
for marketing purposes. This can create a problem for marketers who want to
test a solution before making a financial commitment to it. You might
experience the frustration of buying an AI tool only to discover the features
you counted on are still in the planning stages. You could even buy a research
tool thinking it uses AI when it really doesn’t.
Before you
agree to buying an AI solution for your business, ask a lot of questions and
complete your own unbiased research. Please reach out to Call Sumo with additional
questions about AI. We love what it can do for our customers and would be happy
to help you understand it better.
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