We’ve all been part of or at least listened in on conversations about artificial intelligence. In recent times, we’ve seen one player in particular making headlines on a number of different platforms…and who might this be…Chat GPT-3! Chat GPT-3 recently launched and has amazed people around the world with its capabilities. Along with wowing the world with what it can do, Chat GPT-3 has also raised a lot of questions about how it impacts various industries and occupations. 

At Algorithm, we have always had a strong focus on automation and AI and have incorporated these technologies into our workflow for some time. In this article, I’ll give some thoughts on how Chat GPT-3 impacts performance marketing and some of the pros and cons it brings to your campaigns.

The advancements in artificial intelligence have created new opportunities for businesses to streamline their operations and improve their customer experience. As mentioned, one such innovation is GPT-3, a cutting-edge language model developed by OpenAI. With its ability to generate human-like text, it has the potential to revolutionize the digital marketing industry. 

The Benefits of Integrating GPT-3 with a Digital Agency

One of the most significant benefits of integrating GPT-3 into your performance marketing campaigns is improved content generation. By automating the writing process, digital agencies can produce high-quality content in a fraction of the time it would take to write it manually. 

This increased efficiency and productivity can help digital agencies keep up with the fast-paced demands of the digital world. 

As always there is more to this though. Can we do away with human writers and automate this entire part of the performance marketing ecosystem? The answer is no, not yet, and in our view probably not ever. Chat GPT-3 generates flawless copy in a logical and well-structured way. This is powerful and saves a significant amount of time. 

The downside is that it’s very templated. While unique and well-written, it is very easy to spot that the content has been generated by an AI. In the future, there may be some snags to this with Search Engines like Google potentially down weighting AI content. However, the main drawback is for your users and customers. If all the content online sounds the same, and lacks a brand voice, tone, creativity for example, will anyone want to read it? Highly unlikely, so conversion will suffer.

As always, the sweet spot is where tech and automation meet human strategic and creative thinking. There is no doubt that Chat GPT-3 brings massive improvements in efficiency in the content creation process. This means your strategists have more time to focus on the key elements that move the needle.  

Another advantage of GPT-3 integration is better decision-making and data analysis. By analyzing large volumes of data, GPT-3 can provide insights that would be difficult to uncover through manual methods. This data-driven approach can help digital agencies make informed decisions that drive growth and increase their bottom line.

The logical processing power of GPT-3 combined with experienced Data analysis is a very powerful mix. Again, this would free up more time for the specialists to drill deep into the insights and draw conclusions that will help in driving better performance marketing decisions and results.

GPT-3 can also enhance the customer experience. With its ability to understand and respond to customer questions, digital agencies can provide more personalized and relevant experiences for their customers. This, in turn, can increase customer engagement and loyalty, leading to increased business success.

The benefit of integrating GPT-3 within your performance marketing workflow is greater scalability. By automating tasks and streamlining operations, we can scale more effectively and add more value across campaigns. 

Conclusion

Integrating GPT-3 within your workflow offers significant benefits, including improved content generation, increased efficiency and productivity, better decision-making and data analysis, enhanced customer experience, and greater scalability. 

However, we must also consider the risks involved, including data privacy and security, AI bias, dependence on technology, cost implications, and the need for continuous monitoring and updates.

By following a well-thought-out plan and investing in the right tools and solutions, we can make the most of the opportunities offered by GPT-3 and achieve our campaign targets and objectives. 

Algorithm has integrated GPT-3 into most aspects of what we do and by combining the power of AI with our experienced human layer we are developing more detailed strategies faster and in a more efficient way.