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

Comic: Game Over?

The Google Antitrust Remedies Are Too Little, Too Late – But Publishers Will Take What They Can Get

Given how much the market has changed since the Google trial began, and the wiggle room in the ruling itself, publishers aren’t expecting much relief from the court’s behavioral remedies.

Comic: "Deal ID, please."

Can Sell-Side Curation Solve The Cookieless Audience Problem For Advertisers?

Indie agency KWG says sell-side curation can target more high-performing inventory with better match rates and lower data fees than buy-side curation.

Infillion Acquires Foursquare, Adding More Location Data To Its Ever-Growing Ad Tech Stack

Infillion checked in with its latest acquisition on Friday: Foursquare. Apparently, if there’s a strategically interesting or distressed ad tech asset on the market, Infillion will find it.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

HBO MAX’s Reddit Account Was Compromised And Used For Ad Fraud

A week ago, HBO MAX had its verified Reddit account overrun by a hacker group, which eluded notice for two days while it ran 108 different ad permutations targeting an unknown number of Redditors.

Gaming Wants To Prove It’s Just Like Other Media Channels – While Also Owning How It’s Different

Adapting other channels’ strategies might be what gaming platforms need to do to get advertisers comfortable spending more. Leaning into gaming’s differentiators will come later, after bigger budgets arrive.

Comic: Clickbait

Taboola Eyes The Finance Vertical With An Offer To Acquire Ad Network Dianomi

Taboola has made an offer to buy Dianomi, a UK-based ad tech company that connects financial advertisers with premium business and finance publishers.