- Posted by Erin O'Bannon
This is the first post in a series on Artificial Intelligence’s implications on marketing, analytics, and you. We will cover a definition of AI, what it means for marketers, marketing applications, and how to implement AI technology in your company.
What is AI?
Most people still think of Artificial Intelligence (AI) as robots, like in the movies “Ex Machina” and “Her”, or the “hosts” in the HBO series “Westworld.” Those androids have “artificial general intelligence,” and can perform more general activities, as the term implies.
However, artificial intelligence has greater impact when applied in more specific ways. Techopedia defines artificial intelligence as “an area of computer science that emphasizes the creation of intelligent machines that work and react like humans,” but those machines are not necessarily autonomous androids. Basically, any computer can be programmed to produce a certain outcome the way a person would.
Most likely, you’ve already seen and benefited from AI in action.
If you have ever typed a word into Google to find its proper spelling, you have used machine learning (invented in 1959 as a step towards artificial intelligence). Product recommendations, like Amazon or Netflix; virtual assistants, like Siri, Cortana, and Alexa; connected devices, like the Nest thermostat; and so much more, use artificial intelligence to make our lives easier.
Artificial intelligence can be applied in almost every industry to streamline processes.
The reason AI is so diverse in application is because, as David Autor explains in “How Safe is Your Job” on the Freakonomics podcast, computers are “symbolic processors that follow codified sequences of instructions, programs or rules.” Any processes that “have explicit procedures for accomplishing them…routine tasks [that] can be codifiable” can be accomplished using artificial intelligence.
Why would we continue to perform tedious tasks that take up lots of our time, which we could better spend on the things computers will never be able to do?
AI for marketing enables automation, optimization, and measuring the repetitive marketing activities, saving time for more strategic, creative work.
Any task you do repeatedly, whether it’s onboarding new users, defining customer segments, or designing a marketing plan for Facebook, can be performed using AI and free up humans to be more effective and creative.
In the coming weeks, we will explore and illustrate several different applications for AI in marketing, including advertising, social media, and content.
Up next: The New Marketing Landscape – an explosion in workload and how AI will help.