Me, myself, & AI.
The Bolt is back with a fun twist. This month we’ve asked a new member of the team to give a few words on this month's topic:
In this edition, we're diving into the world of AI and marketing, exploring how this powerful technology is revolutionizing the way we reach and engage with customers. From chatbots to predictive analytics, AI is changing the game for marketers everywhere, and we've got all the insights and tips you need to stay ahead of the curve.
Did you recognize the writer? It was none-other than ChatGPT. And like businesses everywhere, we are amazed by the way AI can help us work more efficiently than ever before. Now let’s dive into some AI learning.
TLDR: ChatGPT. Midjourney. Runway. Adobe Firefly. It seems like there is a new AI program announced on your social pages every day. This boom in AI tools brings new options for marketers to boost their overall team productivity.
The (Not-So-Basic) Basics of AI 🖥️
What even is AI? Artificial Intelligence (aka AI) is a machine’s skill to do human-like cognitive jobs like learning, reasoning, problem solving, and more. Currently, 37% of businesses and organizations are using some form of AI in their workplace.
When did AI join the marketing space? While you may be hearing more about ChatGPT and even Midjourney lately, the rise of AI in marketing can be traced all the way back to 2014. The popularization of buying programmatic ads gave marketers an AI-based replacement for the tedious ad buying process including researching target markets, budgeting, inserting orders, and more.
Where does ChatGPT fit into the everyday puzzle? Recently there’s been so many conversations around AI subset, Generative AI (aka the tech that creates new content like images, text, and video). These would be your free chatbox, ChatGPT, the AI-generated art app, DALL-E, and others. By combining creative capability with data analysis, these tools assist marketers with creating content faster than they could manually.
Image created by generative AI platform, DALL-E
Be in the Know: Recent AI Developments
Hookle, a popular social media management tool, has launched an AI-based social media posting app using ChatGPT technology to curate social media posts tailored to user’s needs.
LinkedIn has launched Collaborative Articles, which will use AI-generated prompts to then call on specific users for their expertise and input.
ChatGPT released their latest version of the tool, ChatGPT 4, that is more advanced in creativity, visual input, and context.
AI is the modern tech boom. Much like the Digital Revolution of the later half of the 20th century and the Dot-Com Boom of the late 1990s, we’re seeing so many new AI options available to us.
As AI continues to grow within the marketing space, there will be way more choices of how it can be added into ad strategies. Just like how we moved from analogue art directing and typing on a typewriter to Photoshop and Word, and how that changed jobs and careers, AI has the ability to shape our industry–and for the better.