A while back I wrote a blog about how implicit data is the dark matter to the explicit. I also write about it in my wired/tired/expired post.
Well I thought its about time I started writing why the implicit is so rich and may become the dominating model in the future. Of course if you know anything about me and the BBC R&D project Perceptive Media, I have an interest in this area, I actually talked about context before but didn’t really make it clear that context is a part of the implicit dataset.
Yes I said it… The end of advertising… (which isn’t the same as the end of marketing btw)
Most people now prefer targeted advertising than wholesale advertising but hate the idea of minority report’s advertising nightmare. What was missing was the context.
Duhhh… In the future, surely a smart advert wouldn’t show tom cruise cars and expensive gifts while he was running down the shopping centre trying to escape. Yes it sounds pretty dumb when you add the context to the scene. Maybe showing Tom visions of holidays and trainers would make much more sense.
The end of advertising might seem a little premature but look at Google now. Then imagine Google now serving up adverts instead…
Double Duhhh… of course Google will be using the same algorithm to serve adverts if it can be proven to be even a slight bit more effective.
Although its far from perfect, the fact is with enough data and a insight into your context and implicit motivations. Google really can start to serve up adverts for things I want before I realise I actually want it (sounds freakish but its already happening). And if that fills you with fear, you better get ready as its not easily stopped. This might rely on the likes of our government not being greedy and short sighted, actually reflect the good of the people who put them there.
I’m thinking about a future where its too expensive and too inefficient to do the mass/wholesale advertising…A future where adblockers and VRM – Vendor Relationship Management is the norm, people pay to never see the adverts not targeted at you. Yes a bit of a dream but you got to dream a little bigger darling.
I have been using the term, Micro Data which is a specific part of the Big Data puzzle. Micro data is the implicit data, the data which is personal and we generate all the time. Its that Microdata which will power the next generation of services, apps and products. You can clearly see why I’m at the Quantified Self conference…