How artificial intelligence will change the future of marketing

Thomas Davenport, Abhijit Guha, Dhruv Grewal, Timna Bressgott

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

In the future, artificial intelligence (AI) is likely to substantially change both marketing strategies and customer behaviors. Building from not only extant research but also extensive interactions with practice, the authors propose a multidimensional framework for understanding the impact of AI involving intelligence levels, task types, and whether AI is embedded in a robot. Prior research typically addresses a subset of these dimensions; this paper integrates all three into a single framework. Next, the authors propose a research agenda that addresses not only how marketing strategies and customer behaviors will change in the future, but also highlights important policy questions relating to privacy, bias and ethics. Finally, the authors suggest AI will be more effective if it augments (rather than replaces) human managers.
Original languageEnglish
Pages (from-to)24-42
Number of pages19
JournalJournal of the Academy of Marketing Science
Volume48
Issue number1
Early online date10 Oct 2019
DOIs
Publication statusPublished - Jan 2020

Keywords

  • artificial intelligence
  • bias
  • ethics
  • marketing strategy
  • privacy
  • robots
  • Bias
  • RISK
  • SELF
  • MODEL
  • Privacy
  • Ethics
  • PERCEPTION
  • SERVICE ROBOTS
  • CONSUMER
  • Artificial intelligence
  • GENDER-DIFFERENCES
  • TECHNOLOGY
  • Marketing strategy
  • Robots

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