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Many Possibilities. One Platform.
AI and Automation
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This is not an AI fear mongering article.
Generative AI is a fantastic new resource in the tech world, which has already had an enormous impact on the advertising industry. It will lead to efficiencies (and yes, that means some jobs will be cut), but the purpose of this article is not about that. Instead, view this article as a warning to companies that rely on AI for decision-making: AI is not yet ready for such responsibility. Let's break it down, point by point.
You would have to be living under a rock, if you have not heard about ChatGPT, this is just one form of Generative AI. Generative AI (“Gen AI”) is a relatively new innovative technology that has stormed into our lives in the last several years. Gen AI is a set of artificial intelligence models designed to create new content by learning patterns and structures from existing data. These models generate human-like text, realistic or creative images, compose music, write code, and even simulate conversation. By analyzing vast amounts of data, generative AI can mimic the style, tone, and context of the input it receives, making it a powerful tool for various creative and practical applications. However, while it excels at pattern recognition and content generation, it lacks true understanding, creativity, and emotional intelligence that human creators possess.
A user acquisition manager is responsible for operating and often strategizing ways to attract and acquire new users for a product or a service.
They create and manage advertising campaigns across various channels, and optimize these campaigns to maximize performance. The role typically involves substantial data analysis and critical thinking capabilities, as they analyze data to track performance, measure the effectiveness of different acquisition tactics, and make data-driven adjustments to improve outcomes. Their ultimate goal is to drive sustainable user growth.
Ever since OpenAI’s ChatGPT 3.0 launched into our lives in November 2022, its popularity has exploded. It quickly raised excitement by advocates as well as panic by paranoids. Pragmatics started learning how they can enhance their capabilities by using it to scale up their operations, leveraging Gen AI to enhance creativity, personalization, efficiency, and data analysis.
Here's how:
While having a conversation with a conversational AI chat bot such as ChatGPT is quite impressive - One of the biggest shortcomings of Gen AI is that it relies on the input data, and it does not actually think for itself.. And when the input data is wrong, or problematic, or relies on flawed data sets – the answers, or output will be as wrong as the inputs. AI lacks the strategic thinking and adaptability that human marketers bring, particularly when dealing with complex, ambiguous data sets or rapidly changing market dynamics.
There’s a saying that goes: “Garbage In – Garbage Out”.
Gen AI has revolutionized the tech world, offering powerful tools for content creation, personalization, and data analysis, significantly impacting the advertising industry. Despite its impressive capabilities, Gen AI still lacks true understanding of business objectives and relies on legacy performance data.
While AI offers numerous advantages for marketers, there are several tasks and nuances it cannot fully replicate or handle:
User Acquisition Managers, who strategize and optimize advertising campaigns, remain crucial for driving sustainable user growth. Marketers are still in the driving
seat, using AI to shortcut and optimize campaigns, they are the ones who have a true understanding of the brand identity and creative direction and the skills to analyze complex data, and adapt to market changes is indispensable and ultimately make the ones in control to make strategic decisions. Especially when AI models fail due to flawed input data. Thus, while Gen AI enhances marketing efforts, human marketers are currently irreplaceable for their strategic thinking and adaptability.
Maor is the CEO & Co-Founder at INCRMNTAL. With over 20 years of experience in the adtech and marketing technology space, Maor is well known as a thought leader in the areas of marketing measurement. Previously acting as Managing Director International at inneractive (acquired by Fyber), and as CEO at Applift (acquired by MGI/Verve Group)