Security, Privacy, and Trust Issues
In 2016, large-scale hacking incidents brought privacy issues into sharp focus. Targets included Yahoo, Verizon, Dropbox, and even the Democratic National Committee.
Globally connected devices are expected to increase from the current 11 billion to 80 billion by 2025. The companies manufacturing these devices are generally not security companies. Popular content, including Netflix's series "Black Mirror," which depicts near-future worlds, portrays the uncanny future of a connected society.
Against this backdrop, security specialists like BitDefender Box, a network device preventing hacks into connected home electronics, garnered attention at this year's CES.
Strengthening privacy protection measures is crucial, and marketers have a duty to take this seriously. Data protection must be a top priority, even if it incurs costs. Marketers need to continuously develop data-driven programmatic media while prioritizing personal information protection measures.
Automation and IoT
Long-established companies are reinventing themselves as smart technology firms, aiming to make our lives more convenient by connecting utilities and automating processes.
In Panasonic's smart kitchen, a digital wall displays a chef who demonstrates recipes using ingredients from the refrigerator. A seemingly empty marble table instantly transforms into an IH cooking heater when a pot is placed on it. After dinner, leftovers are turned into 25 pounds of compost per week by the Whirlpool Zera food recycler, which converts food waste into fertilizer to enrich garden soil.
Connected cars remained a major focus this year. Companies showcased concept vehicles: U.S. electric vehicle startup Faraday Future, Honda's AI-equipped electric car, and Ford's Alexa-integrated model. Within a decade, most new cars will likely be self-driving. Even non-autonomous vehicles can be retrofitted with self-driving packages like Delphi's after purchase.
Even fishing can't escape automation. The PowerRay, a dedicated fishing drone, incorporates sonar to explore underwater. Its onboard camera provides VR live streaming, allowing real-time viewing of fish.
Automation is transforming every aspect of our lives—for both consumers and marketers. The businesses we engage with today must evolve into technology and data-driven entities.
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For example, in five years, our job roles will likely be vastly different from today. For skilled marketers to remain so, they must shift their mindset, adapt to new circumstances, and undergo necessary retraining. While each new trend is exciting, when these shifts come all at once, keeping up becomes overwhelmingly difficult.
CES offers a glimpse into marketing's future: utility, automation, and deep personalization. Marketers will no longer be able to win over all consumers at once with a single campaign. What we must do is provide interactions that feel genuinely relevant and valuable to consumers in every moment of their lives.
In the near future, the car I'm driving will analyze my face and driving patterns, detect when I'm getting drowsy, and say something like: "Hey Jeff, you've been driving for 8 hours now. How about a coffee break? There's a Starbucks 1.5 miles ahead." I'd pass a digital billboard triggering Starbucks content and pull into the parking lot to converse with a voice-activated digital barista who already knows my preferences. The future of marketing is exciting.