Article | April 12, 2021
There is nothing new about fake news. It has been in existence for centuries, albeit without the scaffolding of support from social media. From housewives’ tales to gossip magazines, the Trojan horse to the misinformation around the D-Day landing site, fake news has been a rite of passage.
The Russian military made this into a fine art with “maskirovka,” the doctrine gaining superiority through deception, denial and disinformation. However, it was the 2016 U.S. presidential election that branded it with a legit identity and with such alacrity that today, I find myself questioning everything I read or hear about, no matter the veracity of the source. Fake news is a contagion that has the potency to be as disruptive as the coronavirus and must be fought with equal urgency.
If you cannot solve the problem, manage it.
The power behind fake news is big data — the quantum of data generated and its velocity of distribution. Big data feeds companies with interesting consumer insights on evolving trends and behaviors, which are then beautifully packaged into text, video or audio content by harnessing machine learning and deep learning algorithms.
The slips happen here. If I were to personify fake news, Cersei Lannister, the manipulative, power-hungry queen in Game of Thrones, would be the perfect candidate. Cersei embellishes the truth with dramatic twists and turns to create compelling lies. We experienced a similar situation when news broke that President Trump’s grandfather owned the Arctic Restaurant and Hotel in Bennett, British Columbia, during the 1890s and 1900s, which fueled an interesting twist on the source of the family's wealth.
While AI will help us identify fake news, we need a preventive measure that nips it in the bud
It is almost difficult to differentiate fake news from real news. While AI will help us identify fake news, we need a preventive measure that nips it in the bud — a vaccination rather than medication.
If tech helps in creating an issue, should tech help solve it too?
Based on my years of experience in implementing these solutions for large enterprises and developing next-gen blockchain offerings with startups, I believe blockchain may just be the remedy we are looking for. Most technologists, however, do not consider blockchain to be a relevant or credible technology, with the primary criticisms being its lack of widespread adoption and its esotericism. But I believe the contrary. The vision of grandma-proof blockchain is becoming real — to create an inclusive global, scalable blockchain solution that can cater to every human need.
Blockchain should be our weapon to effectively reduce and ultimately eradicate fake news.
In blockchain, no single individual or group holds the authority, but everyone needs to approve; therefore, it enables the highest degree of integrity, privacy and security
Blockchain is nothing but a distributed ledger that helps build trust in decentralized networks and that runs on the computing power of its participants. No single individual or group holds the authority, but everyone needs to approve; therefore, it enables the highest degree of integrity, privacy and security. This is accomplished by consensus algorithms. Each blockchain has adopted some form of it, and some even claim to have consensus that can prevent obfuscation of the truth even when faced with over 90% malicious intent.
Blockchain technology enables a "shared single version of truth" across multiple entities based on two fundamental characteristics: immutability and traceability.
Immutability is when a blockchain ledger has the capability to remain unaltered, effectively ensuring that any data on the blockchain cannot be altered — only built upon.
Each block created has a unique identity and timestamp attached to it that builds a fortress around the data. Innovative upcoming blockchains use crypto-biometric identity to further buttress the fort. For example, Mediachain, a decentralized independent music library, uses blockchain to protect the originator’s authenticity by providing information about the creator, producer and lyrics to listeners. Steemit is a decentralized social media site that rewards content creators who also interact with other users. Each content piece or interaction is recorded on the immutable record by blockchain.
And if news companies were to adopt blockchain — and organizations like the New York Times are already working on this — this is what we might expect:
Journalists could create a block (an entry in a distributed ledger) and upload news via text, image or video.
Editors would then create another new block with an edited version of the news, leaving the original block unchanged.
Publishers (news agencies) would then publish the news based on their block and any changes that they might make.
Each one of the participants is authenticated on the blockchain with a simple touch of their finger while protecting the fidelity of the news.
Remember, entries cannot be changed, only built upon, and therefore, each change is recorded and allocated to a specific entity. For someone to “fake” the news, they would have to alter the data at each level. Infiltrating the high-security protocols would require considerable time and resource allocations.
As mentioned, each block that is created has a distinct identity attached, preferably a crypto-biometric for added security and individual control. So, if fake news is generated and circulated through social media using blockchain as the base, it becomes easier to pinpoint the culprit while establishing the real source of the news. This would ascribe true content ownership to credible creators.
Fake news creators are using advanced tech stacks to create deepfakes for digital deception. Generative adversarial networks (GANs) can help them to create deepfakes of images and videos that can even counteract or deceive advanced AI/ML algorithms. Of course, GANs are also being used to detect fake news now. If technology has helped fake news become compelling and believable, let’s use intelligent and available technology like blockchain to at least control it, if not eradicate it.
Then again, if blockchain had existed in the medieval ages, we would have been denied the entertaining antics of Cersei Lannister and the wonderful blockbuster series that kept most of us enthralled!
Article | June 8, 2021
Qualcomm Technologies is transforming industries, business models, and experiences with our IoT solutions. We’re connecting unconnected things, and in doing so, we’re helping reimagine how the world works, plays, and lives. Our robust technologies support existing and new industries with the power of our 4G and 5G computing and connectivity solutions. Today we launched a family of chipsets to address the digital transformation across industries — one highlight being the Qualcomm QCS8250, our most powerful IoT chipset yet.
Article | June 16, 2021
With the world changing so drastically around us, every trend seems to be optimizing itself to adapt to the changes. To leverage your business, it is essential to stay up to date with the market trends. From increasing productivity to updating yourself with the latest marketing technology trends, every minute thing counts to keep the business going forward in 2021.
Even if your present business marketing ideas are working sufficiently for you, they may not in the future. And this is because the marketing technology trends change exorbitantly with time. Over 68% of businesses have increased their investments for increased productivity.
Why should your business care about being updated about the latest marketing technology trends?
● To create competitive advantages
● Build ever-lasting relationships with consumers
● Cater to multiple services on demand.
● Deliver profitable business outcomes.
The outcomes of staying up to date with the latest marketing technology trends are exceptional. According to experts, businesses can see their profits rise at 20 to 30 percent if they incorporate the newest marketing trends.
Now that we know the benefits that businesses can reap by staying updated on marketing technologies. Here are some of them that you must adopt in 2021.
Latest Marketing Technology Trends
Artificial Intelligence (AI)
Implementing, analyzing, and utilizing real-time intelligence to create artificial intelligence is a wonder created by scientists. From the assistance of robots in wars to medical fields, AI has come a long way from just solving mathematical algorithms. So imagine how impressive it will be when AI is implemented in marketing.
It has been estimated that the AI in marketing technology trends will reach a whopping $190 billion industry by 2025. When consumers get what they want with minimal effort, the AI has delivered what it has promised. And this is precisely why you should incorporate AI in your marketing business.
The best example of AI marketing success is the FashionAI store by Alibaba in Hong Kong. By utilizing intelligent garment tags, smart mirrors, and omnichannel integration, the FashionAI store gave the customers a ‘never like before’ experience. 44% of the customers gave positive feedback.
AR, VR, XR
Augmented reality, Virtual Reality, and Extended reality play vital roles in the latest marketing technology trends. Stimulators are known to provide an exhilarating experience to users in the gaming world. So imagine what a memorable experience they will provide to the consumers when implemented in marketing. The pandemic has made people shop maximum with their fingertips, but there is still reluctance when buying the bigger things.
For example, buying furniture or buying a house still needs a physical check. Well, this is where AR, VR, and XR have played significant roles. Ikea has been exemplary in implementing these latest market technology trends. Ikea allows customers to scan the space and place the chosen piece of furniture there. The spacing and dimensions are said to be 98% accurate. Thus, customers can buy the product post total satisfaction.
Implementing such interactive features in the marketing departments assures total customer satisfaction. And a satisfied customer has proven to be a 99% recurring customer.
Voice search is one of the latest marketing technology trends that marketing giants have already implemented. The voice assistants of Google, Apple, Amazon, and Windows account for their 50% marketing success. Not only does this provide a personalized approach, but it also assists in maintaining sustainability.
For example, suppose, a person shops a specific item through Alexa. In that case, the entire process of placing the product in the cart, making payment, and tracking the shipment till it is delivered is notified by Alexa. Even after delivering the item, Alexa is trained to ask about the product after a while. Thus, even if the buyer was not satisfied with the product, he could tell Alexa about it. This enhances the shopping experience. This implies that even if the customer was unsatisfied with a particular product, he would return to shop with Alexa again.
The popularity of Voice Search has defined the term that your sales graph will see decline if you do not introduce this as one of your marketing strategies.
With the increase in the demand and supply chain of products/ services, customers need solutions to their queries in a minimum time window. Technically, a human can't be present all the time and answer error-free. Also, it leads to a generous amount of investment in the staffing department.
All this can be avoided, and customers can invariably be satisfied if you introduce chatbots - one of the most successful marketing technology trends to provide solutions to queries. Chatbots have also proved to enhance the shopping experience. Chatbots can be implemented with the suitable algorithms of AI and ML. The chatbots are designed to generate quick responses to the issues raised, thus saving time and making a satisfied customer.
According to a Salesforce survey, 69% of US customers prefer to get assistance and their questions answered via a chatbot.
Improved Data Analytics
When your business has enormous customer data ranging from personal front to behavioral patterns, you must make the proper use of it for marketing campaigns. Appropriate use of data should be the most implemented marketing technology trend in 2021.
A business has access to personal information, choices, geographical locations, and customer data. This information can be used for email marketing campaigns, virtual assistants, and everything else to provide a personalized experience to the user. Gift vouchers for birthdays and reminders for anniversary gifts are perfect examples of making the correct use of data for marketing.
Netflix is the best example for usage for data analytics in the right direction. The personal recommendations based on the viewing of the user is a hit strategy. 80% of the viewers watch the recommendations given by Netflix.
The emerging-marketing technology trends are going to require speed and reliability. For example, the website pages need to load faster, videos should not buffer but play seamlessly, and chatbots and AI features should work effortlessly for a flawless customer experience. And this all is possible if 5G technology is implemented in the services.
The European countries have major goals in implementing the 5G in all possible domains. They have a plan to cover rails and roads to give people uninterrupted coverage while traveling.
Once the fifth generation of mobile technology is in action, Google plans to remove all the sites that are not mobile-friendly.
Billions of dollars have already been spent to build the 5G infrastructure; thus the implementation can happen in no time. However, the internet experience that 5G is promising is sure to gain momentum in businesses.
Businesses need to implement these marketing technology trends to keep the graph of profits and sales soaring high. Even if your current marketing techniques prove profitable, there are high chances that times may turn, and you will have to implement the latest marketing technology trends.
There will be various emerging marketing trends that will keep on making businesses attain and retain their customers. What matters is, you should know which one of them or a combination, fits your business the best.
Frequently Asked Questions
What are the latest technologies in the market?
Artificial Intelligence (AI), Virtual Reality (VR), Augmented Reality (AR), Machine Learning (ML), 5G, and Blockchain are some of the latest technologies available in the market.
How will technology help your business?
Technology will ensure that you are updated with the latest marketing trends. It also helps in making profitable investments with the assurance of maintaining quality. In addition, using the newest technology reduces costs, expands the business, and increases productivity at the same time.
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Article | April 20, 2020
SARS-COV-2 has upended modern health care, leaving health systems struggling to cope. Addressing a fast-moving and uncontrolled disease requires an equally efficient method of discovery, development and administration. Artificial Intelligence (AI) and Machine Learning driven health care solutions provide such an answer. AI-enabled health care is not “the medicine of the future,” nor does it mean robot doctors rolling room to room in hospitals treating patients. Instead of a hospital from some future Jetsons-like fantasy, AI is poised to make impactful and urgent contributions to the current health care ecosystem. Already AI-based systems are helping to alleviate the strain on health care providers overwhelmed by a crushing patient load, accelerate diagnostic and reporting systems, and enable rapid development of new drugs and existing drug combinations that better match a patient’s unique genetic profile and specific symptoms.