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Spotlight On Marketing The Risks and Benefits of Generative AI.
Spotlight On Marketing The Risks and Benefits of Generative AI.
Spotlight On Marketing The Risks and Benefits of Generative AI.
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www.globalfocusmagazine.com
Spotlight on marketing:
the risks and benefits
of generative AI
Birgitte Rasine looks at the use of generative AI by marketing professionals
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Spotlight on marketing: the risks and benefits of generative AI | Birgitte Rasine
What the marketers say • Accuracy & reliability: The respondents report
In the interest of research, we’re running that they do have to fact-check the results.
a survey to take the AI pulse of marketing This could be due to incorrect or misleading
professionals. (If your job involves marketing, text, or text that is quite simply fabricated,
you can take the survey here https://docs.google. or ‘hallucinated’ (ChatGPT has been known
com/forms/d/1-G8AoHpGAzWqdaVJzWPvW3pc- to create titles of non-existent articles and
nI2B61xURhBz6z9Vgc/viewform?edit_ attribute them to real journalists, or make
requested=true) Early results show that ChatGPT up references outright). This indicates a
is by far the most-utilised generative AI tool, and misguided use of generative AI. It is not a
respondents are using it primarily for short-form reliable search engine, and was not originally
marketing copy like headlines and ads. Three- meant to be used as a research tool. For one
quarters of this group are small business owners thing, ChatGPT’s training data only extends
or individual practitioners, which makes sense, through September 2021. This means
as they hold the decision-making power over anything from 2022 or 2023 is, presumably,
their own enterprises. Of the 73% of respondents not included in the data sets.
who are actively using generative AI, they
overwhelmingly cite time, speed, cost savings, • Print-readiness: The respondents report
and volume as the primary benefits: that they also have to review and edit the
text that is generated, and, importantly, that
“[AI] speeds up your workflow by hours.” they thought there would be a lot less work
Eugene Cheng, partner at a Singapore-based of this kind. Again, this reflects a popular
strategic consultancy misconception about generative AI, and that
is, that a bot can write text good enough to
use out of the (black) box.
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