• Latest
  • Trending
  • All
  • News
What’s behind the MarTechBot curtain?

What’s behind the MarTechBot curtain?

May 16, 2023
Czech central banker Holub: raising rates more would still makes sense

Czech central banker Holub: raising rates more would still makes sense

May 28, 2023
Top 5 things to watch in markets in the week ahead

Top 5 things to watch in markets in the week ahead

May 28, 2023
US review of China tariffs won’t depend on trade ‘breakthrough’-Deputy USTR

US review of China tariffs won’t depend on trade ‘breakthrough’-Deputy USTR

May 28, 2023
France in ‘very close discussions’ with S&P ahead of rating update

France in ‘very close discussions’ with S&P ahead of rating update

May 28, 2023
Biden, McCarthy reach tentative US debt ceiling deal

Biden, McCarthy reach tentative US debt ceiling deal

May 28, 2023
Decentraland (MANA) and Stellar (XLM) Look Uncertain Whilst Uwerx (WERX) Rises

Decentraland (MANA) and Stellar (XLM) Look Uncertain Whilst Uwerx (WERX) Rises

May 28, 2023

Ripple (XRP) and The Graph (GRT) Face Stiff Competition as DigiToads (TOADS) Shows Promising Signs of Success

May 28, 2023
Is the Bitcoin Bull Run Just One Step Away?

Is the Bitcoin Bull Run Just One Step Away?

May 28, 2023

Decentraland (MANA) and Stellar (XLM) Look Uncertain Whilst Uwerx (WERX) Rises

May 28, 2023
Today’s ‘Quordle’ Answers And Clues For Sunday, May 28

Today’s ‘Quordle’ Answers And Clues For Sunday, May 28

May 28, 2023
Best Mattresses On Amazon 2023

Best Mattresses On Amazon 2023

May 28, 2023
Lunar Orbital Congestion II: Economic and Strategic Drivers

Lunar Orbital Congestion II: Economic and Strategic Drivers

May 28, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, May 28, 2023
  • Login
WallStreetReview
  • Home
  • News
  • Contact WSR
No Result
View All Result
WallStreetReview
No Result
View All Result
Home News

What’s behind the MarTechBot curtain?

by Editor
May 16, 2023
in News
0
What’s behind the MarTechBot curtain?
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

We all have experienced the unprecedented pace of AI-driven change in the last six months. The catalyst for that change was “access.”

AI’s inflection point was OpenAI’s decision to provide free and unfettered access to ChatGPT — the result: 100 million users in less than two months. 

As martech and marketing operations leaders, this open access is both a blessing and a challenge. It dramatically changed our 2023 plans and priorities.

What's behind the curtain
Source: imgflip meme generator

That’s where MarTechBot entered the picture approximately two weeks ago. Thanks to Marc Sirkin and the team at MarTech for allowing me behind the curtain of MarTechBot, providing insider access to how it’s being trained, the underlying tech, and the real-time learnings.

Sirkin and I discussed the implications of the contextual “MMM” prompt that he posted about. That experiment demonstrated that training MarTechBot with this site’s content would result in customized answers for marketers. The result was expected but impressive nevertheless. And led to further reflection. Here are some of the insights I walked away with.

  • Start now. Learning how to train an AI bot using a company-specific language model should be at the top of your 2023 to-do list. It may not be released to the public, but the potential benefits demand that we all start taking tangible steps now.
  • Echochamber effect. Watching MarTechBot respond within the bubble of marketing and martech was awesome — like a two-week-old baby already knowing how to say “mom” and “dad!” However, the implications are serious. Biases may creep in just as quickly. In the world of marketing tech, would MarTechBot soon conclude that the only solution to each marketing problem is to add a new tool to the stack? ????
  • New marketing ops roles. We discovered that training a bot comes with all sorts of new guardrails. One example is operationalizing GPT token limits. While word counts are a rough metaphor, they are not exact equivalents given the predictive feedback loops that are the foundation of large language models (LLM). Another example would be new content ops roles to edit audio/video text transcriptions. Previously, slight inaccuracies produced by real-time closed captioning would’ve been overlooked. Those inaccuracies are consequential when text is fed into training bot models.
  • Pivots. If a bot can be trained so quickly to take on a tone of voice, can it be retrained instantly? What if a brand has trained a bot on messaging and tone that’s now obsolete because of a new product direction or rebranding?

But wait, there’s more! The following are just the tip of the iceberg when it comes to new MarTech and MOps challenges (e.g., unanswered questions!) that MarTechBot prompted.

  • New stack without a how-to guide. Those creating generative AI systems admit that they don’t understand exactly why and how they respond the way they do sometimes. How does a marketing ops professional explain that to customers, the executive team, shareholders, etc.? 
  • Balancing speed and responsibility. The race to innovate will unearth thorny legal, copyright and ethical issues. Will new content tags such as #train_on_this (or #do_NOT_train_on_this) be honored? 
  • The potential rekindling of marketing-IT “infighting.” Over the last 10 years, we have established some norms in the role/responsibility splits between marketing and IT. But AI tools will be used by the entire enterprise. Will marketers need to renew their cross-functional partnership with IT, or risk losing access to important datasets that IT will and should always control for the enterprise?
  • Rapid infusion into marketing automation. As I wrote and spoke about in March, these capabilities also drive reinvestment in core CRM and marketing automation platforms as the foundation of the martech stack. I’ll cover the impact on data management in part 2 of the series in June. How much will change again or be introduced between now and then? (I’ve already modified my outline three times!)

In the past, vendors and/or consultants could usually help us identify where something was awry in our stacks. That won’t be the case with the AI bot stack for the next 6-12 months. We have to be the operator behind the curtain. Start today.


Get MarTech! Daily. Free. In your inbox.



Opinions expressed in this article are those of the guest author and not necessarily MarTech. Staff authors are listed here.


About the author

Milton Hwang

Milt is currently a strategic consultant (Mission MarTech LLC) and supports clients through a unique combination of strategy, operations, and technology experiences. He enjoys being a cross-functional translator and can provide advisory services in parallel with hands-on implementation and support.

With 30 years of leadership experience, Milt has focused on aligning service, marketing, sales, and IT processes around the customer journey. Milt started his career with GE, and led cross-functional initiatives in field service, software deployment, marketing, and digital transformation. Following his time at GE, Milt led marketing operations and customer experience teams at Connecture, HSA Bank and MSI Data, and he has always enjoyed being labeled one of the early digital marketing technologists. He has a BS in Electrical Engineering from UW Madison, and an MBA from Kellogg School of Management.
In addition to his corporate leadership roles, Milt has been focused on contributing back to the marketing and regional community where he lives. He serves on multiple boards and is also an adjunct instructor for UW-Madison’s Digital Marketing Bootcamp.

Read More
Innovations in technology have transformed the marketing landscape over the last few years. One of the most impactful innovations is MarTechBot, an artificial intelligence platform that is revolutionizing the way marketers interact with their customers and targeting their campaigns. But what exactly is behind the MarTechBot curtain?

At its core, MarTechBot is a smart assistant for marketing professionals. It uses algorithms and natural language processing to process data in real-time, allowing it to quickly identify customer preferences and better target campaigns. For example, if a customer indicates they prefer more tailored offers, MarTechBot can instantly analyze the customer’s data and deliver customized offers that they are more likely to engage with.

MarTechBot also serves to empower marketers with the ability to quickly develop and implement new campaigns. By leveraging marketing automation tools, marketers can quickly create and launch campaigns that suit individual customer profiles. This will enable marketers to remain at the forefront of marketing trends and create campaigns that are more effective and cost-efficient.

Perhaps the greatest benefit of MarTechBot is its ability to provide insights and intelligence to enhance the planning and performance of campaigns. Through its advanced analytics, MarTechBot can monitor and analyze customer behaviors and demographics. This allows marketers to better evaluate the performance of campaigns and adjust strategies accordingly.

In a nutshell, MarTechBot has ushered in a new era of marketing automation. By using AI and machine-learning algorithms, it can provide marketers with the insights and intelligence they need to better target and engage with customers. Marketers can also create more personalized campaigns that are better suited for individual customer profiles. All of this is helping marketers to save costs while still being competitive in the marketplace. So what’s behind the MarTechBot curtain? A revolution in marketing technology.

Share196Tweet123Share49
Editor

Editor

  • Trending
  • Comments
  • Latest
Trudeau Invokes Rare Emergency Powers To Shut Down ‘Freedom Convoy’ Blockades

Trudeau Invokes Rare Emergency Powers To Shut Down ‘Freedom Convoy’ Blockades

February 15, 2022
Canada’s OSC Flags Tweets From Coinbase, Kraken CEOs

Canada’s OSC Flags Tweets From Coinbase, Kraken CEOs

February 22, 2022

Scaling Up Your Freelancing Career to a Small Business

June 26, 2022
Scholz to warn Putin of western resolve on Ukraine

Scholz to warn Putin of western resolve on Ukraine

0
Waning stockpiles drive widespread global commodity crunch

Waning stockpiles drive widespread global commodity crunch

0
FT Global MBA Ranking 2022: US business schools dominate

FT Global MBA Ranking 2022: US business schools dominate

0
Czech central banker Holub: raising rates more would still makes sense

Czech central banker Holub: raising rates more would still makes sense

May 28, 2023
Top 5 things to watch in markets in the week ahead

Top 5 things to watch in markets in the week ahead

May 28, 2023
US review of China tariffs won’t depend on trade ‘breakthrough’-Deputy USTR

US review of China tariffs won’t depend on trade ‘breakthrough’-Deputy USTR

May 28, 2023
WallStreetReview

Copyright © 1999-2023. WallStreetReview.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News

Copyright © 1999-2023. WallStreetReview.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Don't miss the

NEWSLETTER

Exclusive editorial

Breaking News

Quality Company Coverage

Expert Writers

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

WallStreetReview will use the information you provide on this form to be in touch with you and to provide updates and marketing.