philip lelyveld The world of entertainment technology

28Feb/22Off

AI in gaming, media and entertainment industries to take centerstage as future technologies emerge

Key takeaways:

  1. Content engagement is no longer a commercial paradigm; it is evolving into a social paradigm. Revenue from online and gaming will grow in the years to come; with entertainment moving from a linear channel to OTT platforms, everyone now has the power to create content.  
  2. Five years ago, cookies allowed businesses to exchange marketing metrics from Facebook and YouTube advertising. However, with the degradation of cookies in recent years, enterprises are turning back to probability approaches.
  3. Acquisition and retention are the two crucial grids of marketing. Retention is less expensive; however, if you cannot retain your existing customers, you will have to spend more on new ones. 
  4. Diversity and Equality in gaming: It’s crucial to contribute to the communities that never got the chance to express themselves in the gaming space. 
  5. AI in Media & Entertainment: The Future of TV: Content engagement relies on both implicit and explicit signals from the audience. Eliminating clustering in algorithms is critical for personal recommendation.  
  6. Data Privacy: Data collection in gaming, media and entertainment businesses are crucial, and privacy is the intersection of data. When we drill down Data Privacy, we comprehend that knowledge accompanies reasonability. 
  7. While reactive and proactive ML tools help establish a robust defense against toxic conduct, players have to look out for one another to protect the community.  
  8. The Metaverse today is a virtual room primarily developed for interaction and communication. It is a leap, just like gaming and cloud, and we are all early adopters.

See the full story here: https://www.animationxpress.com/games/ai-in-gaming-media-entertainment-industries-to-take-centerstage-as-future-technologies-emerge/

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