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Identifying the skills needed for the future
Developing a growth mindset
Creating a culture of continuous learning
This process only needs extensive data on consumers’ behaviors and AI capabilities to translate that data into insights. If a brand wants to share its understanding with the consumer, it will enhance its ethical reputation and trustworthiness.
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MORE IDEAS ON THIS
AI, the most rapid change of technology nowadays, helps companies understand their customer better. And many theories say AI will know us better than ourselves. As a customer, I feel these apps, such as e-commerce, help me search for the product I want. However, as a human, there’s something that...
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Perhaps, to avoid the dystopian scenario predicted by Yuval Harari, we must democratize the algorithms' knowledge of us, at least by ensuring that companies have to share the personal insights they’re gathered with us.
Every trivial choice we make every day reveals central aspects of our i...
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Consider a few examples: your choice of movies reveals the degree to which you are intelligent, conscientious, and agreeable, and your Facebook data reveals whether you are friendly or introverted. There are few exceptions to this rule, and the list of correlations between human personality trait...
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Without firm self-knowledge, it’s hard to construct a logical story of who we are, the story that would make our life experience and interaction with others. This skill is complex to master, and research suggests that only 10-15% of people are self-aware.
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The essence of AI is a prediction machine, which consists of algorithms capable of (1) finding patterns in large datasets and (2) training themselves to get “smarter” (increase their predictive accuracy). There are clear reasons to expect AI to improve our ability to understand things, including ...
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The opportunity for AI would be to make us aware of the gaps between how we want to be seen and what are brand and product choices convey to us. As Nathalie Nahai says in her late book, consumers are highly committed to adjusting their preferences based on the reputation of brands, including the...
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CURATED FROM
IDEAS CURATED BY
A learner | Writer of Melva's Note on Substack | High curiosity about psychology and human development.
In the age where data has become commoditized, but the insights and profits are being exclusive for ginormous tech players, what better way to harness consumer trust and loyalty than by giving them back valuable insights, that can turn them into smarter customers, and also self-aware humans.
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In 2021 and beyond, ethical design will become a priority for businesses—especially when it comes to designing and manufacturing consumer products. Designers will lead the way to building a new consumer paradigm, one where a product’s story is as important as its price tag.
One of the most compelling ways in which AI contributes to environmental conservation is through its predictive capabilities. AI-powered models can process extensive climate data to forecast natural disasters with greater accuracy and lead times. This early warning system is invaluable in minimiz...
Some reputed companies such as Google, Microsoft, Apple, Facebook and other tech giants are building ethical AI to follow an ethical framework with four essential principles for effective data governance— fairness, accountability, transparency well to exp...
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