What are digital twins? Marketers weigh the opportunities and risks

Subscribe: Apple PodcastsSpotify

The marketing industry’s obsession has moved from finding the right spokesperson to cloning them. 

Brands’ growing appetite for more content at a fraction of the costs has led to the emergence of digital twins — AI-powered replicas of a person’s likeness, voice, and even thought patterns. Take Coca-Cola’s latest campaign for the FIFA World Cup featuring an AI-generated professional football manager, José Mourinho, debating himself. Whether audiences will accept these twins, however, is still up for debate. 

Continue reading this article on digiday.com. Sign up for Digiday newsletters to get the latest on media, marketing and the future of TV.

,Read More

WPP forecasts AI search ads to become fastest growing channel in advertising

ChatGPT has been running ads for less than six months, but it’s fueling a category expected to capture almost 40% of search revenue and generate $100 billion in revenues by the end of this decade.

WPP’s latest ad spend forecasts, published today (June 16) highlight AI search as the fastest growing investment area in advertising.

While the category will account for just 1.9% of search ad revenue this year ($301 million), that’s set to rise to 39.2% by 2031, according to its regularly published forecasts, which include AI search estimates for the first time. Total search revenue will make up 21.8% of total global ad revenue this year.

Continue reading this article on digiday.com. Sign up for Digiday newsletters to get the latest on media, marketing and the future of TV.

,Read More