Home AdExchanger Talks Weighing AI Hype Vs. Reality With ‘AI Marketing Agency’ Boathouse

Weighing AI Hype Vs. Reality With ‘AI Marketing Agency’ Boathouse

SHARE:
Peter Prodromou, president, Boathouse Group

Does AI present “profound risks to society and humanity”?

Yes, according to a group of more than 1,400 tech leaders, academics and AI researchers (including Elon Musk and Apple co-founder Steve Wozniak) who signed an open letter last week calling for a temporary pause on AI development until there are better safety standards in place and more official oversight.

The letter sparked a debate between those who accuse the signatories of public fearmongering and those who believe that training AI models without guardrails is an invitation to disaster.

But there is a moderate point of view here, which involves recognizing that we’re on the precipice of massive change, acknowledging there are practical uses for AI (including to support marketing) and devising rules of the road and regulations concurrent with development.

“In the case of AI, we have a chance, I think, to start fresh and learn from the mistakes we’ve made [in the past],” says Peter Prodromou, president of Boathouse Group, an independent AI-focused marketing and communications agency, speaking on this week’s episode of AdExchanger Talks.

Take social media.

“I’ve been in technology and marketing for 25 years and I remember touting the notion of social media as democratizing the internet in such a way that everybody would have a voice,” Prodromou says.

But before anyone had a chance to seriously question the potentially negative consequences of social media, it had already become a staple in people’s lives.

Considering the speed at which AI is evolving, caution is warranted.

“But [AI] is here to stay,” Prodromou says, “and we need to learn to live with it.”

Also in this episode: The difference between artificial intelligence and machine learning; how Boathouse is using AI to rethink social listening and web monitoring; tips for telling the difference between real AI-powered tech and a company that’s trying to hop on the trend; and Prodromou’s unlikely connection to Formula One racing.

For more articles featuring Peter Prodromou, click here.

Must Read

Albertsons Launches New Off-Site Click-to-Cart Tech

The grocery chain Albertson’s is trying to reduce the time and number of clicks it takes to add an item to an online shopping cart. It’s new click-to-cart product should help.

Pinterest Acquires CTV Startup TvScientific (Didn’t CTV That Coming)

Looks like Pinterest has its eyes – or its pins, rather – fixed on connected TV.

Kelly Andresen, EVP of Demand Sales, OpenWeb

Turning The Comment Section Into A Gold Mine

Publisher comment sections remain an untapped source of intent-based data, according to Kelly Andresen, who recently left USA Today to head up comment monetization platform OpenWeb’s direct sales efforts.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Shopper Marketing Data

Shopify Launches A Product Network That Will Natively Integrate Items From Across Merchants

Shopify launched its latest advertising business line on Wednesday, called the Shopify Product Network.

Criteo Lays Out Its AI Ambitions And How It Might Make Money From LLMs

Criteo recently debuted new AI tech and pilot programs to a group of reporters – including a backend shopper data partnership with an unnamed LLM.

Google Ad Buyers Are (Still) Being Duped By Sophisticated Account Takeover Scams

Agency buyers are facing a new wave of Google account hijackings that steal funds and lock out admins for weeks or even months.