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GRIT

October 29, 2024

AI: Powerful Tools to Augment Human Capability

AI in everyday life reveals optimism for AI’s benefits in data insights, but skepticism persists, highlighting its complex impact on personal and professional lives.

The findings from AI in Everyday Life indicate a growing optimism about AI's benefits —particularly in data summarization and uncovering insights— but skepticism remains, especially among client-side researchers. This tension illustrates a broader theme around the impact of AI on both our personal and professional lives.

AI has seamlessly integrated into various aspects of our everyday lives, enhancing convenience and efficiency. 

  • Companies like Amazon leverage powerful recommendation algorithms that analyze past purchasing behaviors to suggest items tailored to individual preferences. 

  • Similarly, Netflix's AI-driven content suggestions help us discover new shows and movies based on our viewing history, making entertainment choices more personalized and accessible. 

These applications highlight a growing familiarity and comfort with AI technologies, which have transformed mundane tasks into intuitive experiences. The same thing is happening within the MR space!

AI’s ability to uncover patterns and trends across vast sets of data can significantly enhance our understanding of consumer preferences.

  • AI can analyze survey responses or social media interactions to reveal hidden correlations, much like how Spotify or Google optimize their UX by leveraging AI. 

  • Traditional data analysis methods can often be time-intensive and laborious. By automating qualitative response coding or generating visual reports from raw data, AI is giving time back to researchers to engage more deeply with insights and develop actionable recommendations and next steps.

  • Lastly, the world of synthetic audiences is unfolding as we speak, further empowering researchers to do more with less. Pre-testing study designs, getting an early read on concept performance or inviting stakeholders to have a conversation with their ICP, synthetic (fueled by AI) will further improve the researchers’ efficiency and impact.

While skepticism persists, especially around issues of trust and data quality, the potential of AI to transform market research is undeniable. By embracing AI, insights professionals can improve operational efficiencies and create more meaningful engagement with their findings. 

The challenge is to navigate this landscape with a balanced perspective, recognizing AI as a powerful tool in augmenting human capability rather than a replacement while maintaining ethical standards and fostering trust in the technology. In doing so, researchers can harness the full potential of AI in both their everyday lives and professional environments.

grit reportQualtrics Edgedata qualityartificial intelligencenetflixcustomer insights

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2024 GRIT Business & Innovation Report

EXPERT COMMENTARY

2024 GRIT Business & Innovation Report

The annual GRIT Business & Innovation Report documents and interprets trends in research, analytics, and insights, as well as the key role innovation plays.

Data collected Q2 2024

October 2024

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Qualtrics Edge helps companies make the right call through insights subscriptions and bespoke engagements. We empower you with insights to make confident and intelligent decisions. Our industry-leading research expertise, run on a world-class experience platform, enhanced with unique data, leads to faster, richer and more reliable outcomes..

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