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.

Details

Title
How artificial intelligence will change the future of marketing
Author
Davenport, Thomas 1 ; Guha Abhijit 2 ; Grewal Dhruv 3 ; Bressgott Timna 4 

 Babson College, Department of Technology, Operations, and Information Management, Babson Park, USA (GRID:grid.423152.3) (ISNI:0000 0001 0686 270X) 
 University of South Carolina, Department of Marketing, Darla Moore School of Business, Columbia, USA (GRID:grid.254567.7) (ISNI:0000 0000 9075 106X) 
 Babson College, Department of Marketing, Babson Park, USA (GRID:grid.423152.3) (ISNI:0000 0001 0686 270X) 
 Maastricht University, Department of Marketing and Supply Chain Management, Maastricht, The Netherlands (GRID:grid.5012.6) (ISNI:0000 0001 0481 6099) 
Pages
24-42
Publication year
2020
Publication date
Jan 2020
Publisher
Springer Nature B.V.
ISSN
00920703
e-ISSN
15527824
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2343806843
Copyright
Journal of the Academy of Marketing Science is a copyright of Springer, (2019). All Rights Reserved. This work is published under https://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.