Showing posts with label big tech. Show all posts
Showing posts with label big tech. Show all posts

Friday, January 15, 2021

TrendReport for 2021: Top Trends for This Year


    For the 19th year, here are our predictions for the upcoming year.

    As always, we will be rolling out other key trends over a series of blog posts but here are our top 7 predictions for 2021:

    1. We will all become more aware of supply chains. While supply chain and logistics are vital, they rarely get mentioned in the mainstream media because they’re typically invisible to consumers. Because the rollout of COVID-19 vaccines encountered significant challenges and there were shortages of key consumer goods and appliances, we will all become more aware of supply chains issues this year. We expect more coverage if key shortages arise.
    2. The workplace of the future will be your home. Experts predict that a significant percentage of employees will choose to continue to work from home – which has propelled some to move to cheaper, less dense neighborhoods. Companies will have to rethink HR, recruiting and team building as well as reconfigure workflow, collaboration, and customer support to address the realities of the new workplace. For grocery stores, restaurants and retail locations, expect short-term changes like plexiglass dividers, asking people to socially distance, etc. to likely remain into 2022.
    3. Cities will need to reimagine downtown business districts. Office buildings will be emptier in 2021 as many businesses re-evaluate office needs and try to get out of leases. Local hospitality businesses and retailers need to focus on delivering customer experience, not just commodity service. To overcome stories about closures and stagnation, stimulate the local economy and give people a reason to visit, cities will need to revitalize downtown areas by expanding cultural activities.
    4. Telepresence, industrial robotics and artificial intelligence (AI) will get more attention. Companies will experiment with deploying telepresence and robotic solutions and integrating AI to be better able to weather the next pandemic. This is an opportunity for industries like manufacturing that require onsite employees but haven’t updated processes. There will also be articles noting concerns about the impact of robots in the workplace on jobs as well as advances in AI.
    5. Telehealth becomes a preferred option, not an alternative. Telehealth will become the preferred option, particularly for therapy or appointments that don’t require hands-on treatment. We expect to see stories on the delivery of healthcare to those who don’t have access to telehealth and whether patients will get the same level of care and attention via virtual sessions as they do with in-person visits.
    6. Big Tech’s role will be scrutinized. With antitrust suits against Facebook and concerns about Section 230 – the FCC rule that protects social media companies from being sued for the content posted onto their sites – 2021 will be a tough year for Big Tech. Forcing Facebook to sell off Instagram and WhatsApp won’t solve the real problem: the polarizing nature of social media and the impact of disinformation in the public square. But everyone has an opinion, and we expect to see think numerous stories exploring the topic this year.
    7. The streaming wars will continue with no real losers. With the exception of Qubi, a standalone service that closed in six months, most of the new streaming services were launched by networks trying to optimize their content. The currently expanding number of streaming services have benefited from people staying home, but there are too many different providers to be sustainable. Contraction of non-network-based services (Crackle and Tubi, for example) won’t happen this year but could happen within 24 months.

    As always, let us know if you agree or disagree with these. 

Wednesday, January 8, 2020

Birnbach Communications Issues Top 3 Predictions for 2020

For the 18th year, here are our predictions for the upcoming year. 

As always, we will be rolling out other key trends over a series of blog posts but here are our top 3 predictions for 2020:


1.   Distrust of Big Tech and media fuels anxiety. In a divided America, where even advertising decisions can cause Twitterstorms, companies need to find ways to be credible as well as relevant. There’s no simple solution for Big Tech like Apple, Amazon and Google regarding safeguards on the data they collect on all of us part of surveillance capitalism, in which data is collected, correlated with behavior and monetized —  or for social media because there’s no clear or consistent definition of what constitutes misinformation or how to limit it without infringing on protected free speech. There’s also no easy solution for the media, where even the “facts” may be disputed. Unfortunately, deepfakes (AI-generated fake videos and other images) will make it harder to know what’s real. This will fuel feelings of anxiety, anger, exhaustion, and isolation, regardless of political perspective. We expect many Americans will look for solutions and companies that provide joy, comfort, assurance and reliability to bolster their sense of well-being and connection.

2.  The loss of local news coverage will continue, and will erode trust. More than one in five local papers have closed since 2004, according to the UNC School of Journalism and Media, while others have become hollowed out through layoffs. This is a real problem since local news outlets are often part of the fabric that holds communities together. According to “Losing the News: The Decimation of Local Journalism,” by PEN America, “The connection between local journalists and their communities is essential… Seventy-six percent of Americans report trusting their local TV news, and 73 percent report trusting their local newspapers; by contrast, 55 percent of Americans trust national network news and 59 percent trust national newspapers.” For marketers, fewer journalists and outlets makes it harder to reach customers, partners, investors and employers with their messages.

3.  Streaming services will get a lot of media and consumer attention. HBO Max and NBC’s Peacock will battle for attention and subscribers with Netflix, Hulu, Apple+, Disney+, Amazon Prime, and other streaming services in the “streaming wars.” But it’s not a zero-sum game; there’s room for a range of services that have different strategies in their content libraries, pricing and offerings. We do expect a certain amount of churn/volatility as people subscribe to binge a particular show and drop it till the next season begins. The growing number of these ad-free streaming content services will make it harder for marketers to reach a mass audience.

As always, let us know if you agree or disagree with these. 

Thursday, January 18, 2018

Wall St. Journal & New York Times Validate Our Prediction About Screen Addiction

In one of our predictions for 2018, published Dec. 14, 2017, we made what we thought to be a longshot prediction: That this year, people would recognize screen addiction as a real issue. Here's what we said:
The ‘60s may have been the Age of Aquarius but this decade seems to be the Age of Anxiety and Anger. One cause: screen addiction. Constantly clicking our smartphones for the latest news – and it seems that there’s continually breaking news – may help us feel we’re on top of the situation but it leaves most of us feeling more empty, worried and angry than before – despite political preferences. We anticipate more coverage on stress, anxiety, mental health and ways to de-stress, which includes taking a break from your device – aka a technology cleanse or digital detox – which is healthy and a good idea but may seem impossible to do.
The reason we thought it was a longshot is that over the past couple of years, there has been the occasional article about digital overload but it hadn't coalesced into something more than a blip. But last year, we felt that could easily change in 2018.

And it has.

Check out:

  1. The Wall St. Journal's "Debate over iPhone use by young people reflects the misgivings some in the industry feel toward smartphones' ubiquity: Silicon Valley Reconsiders the iPhone Era It Created"; and
  2. The New York Times': "Tech Backlash Grows as Investors Press Apple to Act on Children’s Use: Apple should give parents more tools to curb technology use by children and study the health effects of excessive screen time, two big funds said"; and
  3. The New York Times: "It’s Time for Apple to Build a Less Addictive iPhone: Apple gave us the modern smartphone. Now, it can create a new take on the device by encouraging us to use it more deliberately — and a lot less" by Farhad Manjoo.
According to the Journal, "a letter to Apple on Saturday from Jana Partners LLC and the California State Teachers’ Retirement System, or Calstrs, which control about $2 billion of Apple shares....urged the tech giant to develop new software tools that would help parents control and limit phone use more easily, and to study the impact of overuse on mental health." And also, the Journal reported, "On Monday, Tony Fadell, a former senior Apple hardware executive involved in the iPhone’s creation, also called on Apple to do more, saying on Twitter that adults are struggling just as much as children with smartphone overuse."

Last year, Fadell apparently began voicing concern, but the media didn't start paying real attention to it until this year.

In it's article, the Times quoted the same letter, describing "a backlash against big tech has been growing for months." Which is another trend we predicted in which we said, "There will be a debate about whether or not and how to regulate Facebook, Google, and Twitter." We did not use the term "backlash," though we should have, and we did not mention Apple specifically but later in that paragraph, we do say that one of the underlying questions would be "Has big tech gotten too powerful." And we think that increasingly, the answer is: "Yes" (and that's part of the backlash).

In fact, check out this front-page (remember that the front-page used to be an indicator of importance) article from the WSJ: "The Antitrust Case Against Facebook, Google and Amazon: Facebook, Google and Amazon dominate their worlds just as Standard Oil and AT&T once did. Critics say they should get the same treatment. The answer to the antitrust question depends on a narrow test: Are consumers worse off?"

For us, screen addiction and big tech backlash and big tech's power are important societal issues. We doubt much will happen to address either the screen addiction or big tech's power (and we think the anxiety and addition they cause does amount to consumer harm) but it is significant that these issues are being raised.