AI will help brands boost
productivity. But it may also lead to job loss and other problems, judging by AI In Marketing and Communications, a study from The Conference Board in collaboration with Ragan
Communications.
Of the companies polled, 82% say AI will improve productivity, perhaps a lot.
But 40% fear it will reduce the number of jobs, and some say it
will reduce them a great deal.
And while 42% say AI will improve creative, 29% counter that it will cause it to deteriorate.
Among marketing
professionals, 48% sometimes use AI, and 14% do so often. Another 6% use it all the time, and 32% not at all.
Midlevel and junior marketers are more likely than senior
to adopt AI.
In addition, 45% of communicators say they sometimes use AI, 12% often, 3% all the time and 40% not at all.
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But marketers have
numerous concerns:
- Lack of accuracy/misinformation — 68%
- Legal uncertainties — 62%
- Data security and privacy —
57%
- Lack of knowledge as to how to use it; need to upskill — 37%
- Reputational risk/erosion of trust — 49%
- Potentially revealing proprietary knowledge, data, or plans — 38%
- AI’s limited capabilities — 30%
- Loss of
innovation — 11%
- Little interest by team/co-workers — 13%
- Other —
10%
- Costs — 8%
Communications professionals have similar worries, but a greater proportion — 53% — cite lack of
knowledge and need to upskill.
Marketers are now using AI, including generative AI, for these tasks:
- Summarize content — 44%
- Do the legwork/inspire thinking — 41%
- Produce content faster — 30%
- Write press releases — 11%
- Personalize customer/user content — 33%
- Write speeches for senior executive or myself — 10%
- Identify questions that will arise from
our content — 13%
- Scenario plan for strategies — 14%
- Generate images —
5%
- Manage/improve customer service — 17%
- Run social media programs — 6%
- Innovate new products — 5%
- Acquire new customers — 6%
- Predict the outcome of our actions — 0%
- Screen our talent/partners/providers — 2%
Communications professionals have a slightly different agenda. They say AI helps them:
- Summarize content — 41%
- Do the legwork/inspire thinking — 35%
- Produce content faster —
28%
- Conduct research — 26%
- Write press releases — 17%
- Personalize
customer/user/content — 10%
- Write speeches for senior executive or myself — 14%
- Identify questions that
will arise from our content — 11%
- Scenario plan for strategies — 9%
- Generate images —
10%
- Manage/improve customer service — 5%
- Run social media programs — 5%
- Innovate
new products — 4%
The Conference Board and Ragan Communications surveyed 287 marketers and communicators from June 1-June 23 2023.