How AI And Web3 Marketing Will Compete For Ad Dollars
general uncertainty
Whether a brand decides to invest in AI, Web3, or both, each of these areas has the same uncertainties that can affect its technological development.
Control field. Web3 has yet to generate significant federal pressure on how NFTs and cryptocurrencies are treated under the law. Although there are a few cases in areas such as insider trading and fraud, there are still no precedents. How the chips fall will undoubtedly affect how brands engage with assets and the space in general.
AIO is an industry that needs regulation. The origins of creative bots have raised copyright questions; For example, when DALL slightly manipulates a known painting, is that copyright infringement of the painting? Or, since the bot is trained on large amounts of data, what right does that data have in the bot's output?
Earlier this month, Getty Images sued IA image creator Stable Diffusion over just that, claiming the platform illegally removed millions of images from its site. A similar concept has emerged in the NFT industry and underlying intellectual property.
Web3 and artificial intelligence are also underrated because they rely on large amounts of computing power. Web3 relies on labor-intensive processes like cryptocurrency production, and its creation can only be improved with large data sets and AI models. Both systems inevitably lead to high carbon emissions.
Related: Why Are Brands Abandoning Green Marketing?
But while Web3's footprint is largely public, due to its reliance on blockchain, only the AI footprint can be calculated because centralized companies are not required to disclose this information. According to the MacDonald Mechanism, persistent advertising will be a major challenge in 2023.
As Web3 and AI work to solve their problems, brands will inevitably suffer collateral damage in the form of brand discredit. It is certainly a double-edged sword to push new technologies. But for marketers, the benefits outweigh the potential consequences. The next step in brand strategy is to determine which advantages to use.

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