DEBUNKED - The Biggest Myths About A.I. Business for Creatives | Ricky Ray Butler | Podcast series / Marketing
Aug 14, 2023
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Ricky Ray Butler, CEO of BENlabs, discusses the AI takeover of media and creative. Topics include: emergence of platforms like YouTube, successes and failures of 'Will it Blend' series, viral TikTok hits, success of Squatty Potty and Aura Brush, early experiences with creators, role of data in content creation, challenges of attribution in media buying, and power of AI in content creation.
AI tools like TubeBuddy offer features such as thumbnail analysis and title optimization to help creators maximize engagement.
Creators can analyze audience clusters based on their interests and preferences, allowing for precise targeting and content optimization.
Today's creators are more focused on building empires and leveraging data and AI to achieve success.
Deep dives
The Rise of Content Creators and the Power of AI
The era of content creators and artists empowered by AI is upon us. With the rise of platforms like YouTube and TikTok, creators now have the tools to scale their self-expression and reach a wider audience. This is a time where data-driven decision-making is key, as creators can leverage AI to analyze and predict the success of their content. AI tools like TubeBuddy offer features such as thumbnail analysis and title optimization to help creators maximize engagement. Additionally, creators are becoming more business-savvy, aspiring to build empires and monetize their influence. Collaboration between brands and creators is driven by a consensus triangle, where both parties bring data, share a vision, and respect each other's boundaries. The goal is to achieve higher click-through rates, engagement, and conversion rates, and creators now have the opportunity to build super brands that surpass traditional media and news outlets in terms of viewership and influence.
The Power of AI in Contextualizing Content and Building Audiences
AI plays a crucial role in helping creators contextualize their content and build audiences. With tools like computer vision and natural language processing, creators can analyze audience clusters based on their interests and preferences. This allows for precise targeting and content optimization. Data-driven systems and processes help creators predict the success of their videos, optimize thumbnails and titles, and understand audience behavior. AI models like the bottleneck encoder network contextualize video content by analyzing movements, colors, and editing techniques. By leveraging AI, creators can navigate the vast content landscape and make data-driven decisions to increase viewership, audience engagement, and conversion rates.
The Creator Mindset: Data-Driven and Goal-Oriented
Today's creators are more focused on building empires and scaling their influence. They have a strong business mindset and are eager to leverage data and AI to achieve success. Creators that combine their passion with data-driven decision-making have a higher chance of reaching their goals. They understand the importance of monitoring metrics like click-through rates, engagement, and retention to optimize their content. By staying focused on their form and continuously improving their craft, creators can drive meaningful results and establish themselves as leaders in their respective niches.
The Era of the Artist: Empowerment and Growth
The rise of content creators and the availability of AI tools have ushered in the era of the artist. Creators now have the opportunity to preserve history, culture, and self-expression on a global scale. AI accelerates this process by enabling creators to scale their influence, collaborate with other creators, and achieve success. This newfound empowerment allows creators to make a significant impact and challenge traditional media outlets. As AI continues to evolve and creators unlock its full potential, the future holds boundless opportunities for artistic expression and the growth of super brands born out of the creator economy.
Importance of Attribution and Tracking in Marketing
This podcast episode emphasizes the importance of attribution and tracking in marketing. The speaker highlights that attribution can be a challenge due to various factors, such as website loading speed, back channels, and platform compatibility. The discussion revolves around the need for brands and content creators to have a clear understanding of the source of sales and the importance of proper attribution. The episode emphasizes the need for investment in attribution and testing to ensure accurate data and successful marketing strategies.
The Role of AI and Data in Content Creation
Another key topic discussed in the podcast is the role of AI and data in content creation. The speaker explains how AI technology can help contextualize videos, understand audience interests, and drive success for content creators. The importance of first-party data and attribution in creating customized models for marketing is highlighted. Additionally, the speaker mentions the potential of AI in empowering other industries, such as energy, banking, and security, by contextualizing video data for various applications. The podcast also touches on the role of platforms like YouTube and the need for better support and consistency in creator-brand relationships.
Ricky Ray Butler is the CEO of BENlabs, an A.I. business that's focused on human behavior and attention. Through technology and innovation—machine learning and AI-driven insights—BENlabs empowers brands and creators with the means to reach advertising-wary consumers in authentic ways, in the right place, at the right time.
Our global roster of Fortune 500 brands includes Microsoft, General Motors, Frito-Lay, Bloomingdales, Reckitt Benckiser and more. BENlabs works with these brands to create unskippable content that drives engagement and sales.
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