WEBVTT 00:00:00.000 --> 00:00:02.168 - Intelligence is not the bottleneck right now. 00:00:02.168 --> 00:00:04.713 It is the ability to deploy in that mindset 00:00:04.713 --> 00:00:06.756 of truly a business transformation. 00:00:06.756 --> 00:00:10.927 - So agentic AI is changing the consumer brand relationship 00:00:10.927 --> 00:00:13.388 as well as internal operating models. 00:00:13.388 --> 00:00:15.557 So let's talk about both of those, Denise. 00:00:15.557 --> 00:00:16.391 Why don't we start 00:00:16.391 --> 00:00:20.061 with the external consumer brand relationship first? 00:00:20.061 --> 00:00:22.480 Who are brands really marketing to? 00:00:22.480 --> 00:00:27.318 Is it agents, is it consumers, or the relationship? 00:00:27.318 --> 00:00:29.571 - Well, I think brands are still marketing to humans. 00:00:29.571 --> 00:00:32.240 It's just that AI has entered the conversation 00:00:32.240 --> 00:00:33.616 and giving more of a nudge, 00:00:33.616 --> 00:00:35.910 or even more, think about it as intent. 00:00:35.910 --> 00:00:37.203 If you think about, 00:00:37.203 --> 00:00:39.914 we have almost a billion users in ChatGPT, 00:00:39.914 --> 00:00:44.419 and 20% of those users come to the platform with an intent, 00:00:44.419 --> 00:00:45.628 intent to learn something, 00:00:45.628 --> 00:00:46.671 to discover something, 00:00:46.671 --> 00:00:48.840 and more than likely something to purchase. 00:00:48.840 --> 00:00:50.675 And so, I think that's really important 00:00:50.675 --> 00:00:52.302 to recognize as marketers 00:00:52.302 --> 00:00:55.013 and the shift in the advertising industry more broadly. 00:00:55.013 --> 00:00:56.848 And actually for creators as well. 00:00:56.848 --> 00:01:01.770 Because we are moving from what was an attention economy 00:01:01.770 --> 00:01:04.439 to truly an intelligence economy. 00:01:04.439 --> 00:01:06.608 Which means that when users are there 00:01:06.608 --> 00:01:09.652 and they see an advertisement, their bar is different. 00:01:09.652 --> 00:01:12.238 They want usefulness, they want information, 00:01:12.238 --> 00:01:13.782 and they want the brand to be helpful. 00:01:13.782 --> 00:01:15.408 And I think that's something for everybody 00:01:15.408 --> 00:01:16.659 to really recognize right now, 00:01:16.659 --> 00:01:20.246 as we think about marketing and reaching a human; 00:01:20.246 --> 00:01:22.499 with AI in the loop now, it's a little bit different. 00:01:22.499 --> 00:01:24.209 You know, the human has a helper. 00:01:24.209 --> 00:01:28.505 - Absolutely, so let's look internally at organizations 00:01:28.505 --> 00:01:30.548 and talk a bit about that. 00:01:30.548 --> 00:01:32.801 We're witnessing a new operating model, aren't we? 00:01:32.801 --> 00:01:34.219 - Yeah, I think this is 00:01:34.219 --> 00:01:36.096 the biggest evolution 00:01:36.096 --> 00:01:39.015 since we've started on this AI journey as a society, 00:01:39.015 --> 00:01:42.644 which is initially, AI, it is a technology, 00:01:42.644 --> 00:01:44.896 so rightfully so, companies thought about it 00:01:44.896 --> 00:01:47.315 as a technology transformation, 00:01:47.315 --> 00:01:49.818 but the reality is it's a business transformation. 00:01:49.818 --> 00:01:51.611 And what you can see is the results 00:01:51.611 --> 00:01:52.987 of the first couple of years, 00:01:52.987 --> 00:01:56.157 really the net effect was companies applied AI, 00:01:56.157 --> 00:01:59.285 in silos, in POCs, on top of applications 00:01:59.285 --> 00:02:00.495 that were already fragmented. 00:02:00.495 --> 00:02:02.914 And so companies didn't get the economic value 00:02:02.914 --> 00:02:04.541 that they really wanted. 00:02:04.541 --> 00:02:07.877 The stat is 74% of the economic value right now 00:02:07.877 --> 00:02:10.380 is being derived by 20% of the world's companies. 00:02:10.380 --> 00:02:12.924 And so, what we're seeing is the companies 00:02:12.924 --> 00:02:15.009 that really lead and lean into this 00:02:15.009 --> 00:02:17.137 are deeply embedding AI into their business, 00:02:17.137 --> 00:02:18.972 but they're doing so because they're thinking about it 00:02:18.972 --> 00:02:20.682 as a business transformation. 00:02:20.682 --> 00:02:23.143 So thinking about how do we reimagine how we operate, 00:02:23.143 --> 00:02:24.435 how do we think about our workflows, 00:02:24.435 --> 00:02:26.437 how do we think about our industry? 00:02:26.437 --> 00:02:28.356 And that is really the unlock. 00:02:28.356 --> 00:02:30.525 Intelligence is not the bottleneck right now. 00:02:30.525 --> 00:02:33.027 It is the ability to deploy in that mindset 00:02:33.027 --> 00:02:34.821 of truly a business transformation. 00:02:34.821 --> 00:02:37.824 - Yeah, at BCG, we like to call it the 70-20-10. 00:02:37.824 --> 00:02:41.202 The 70%, that's all about the people transformation. 00:02:41.202 --> 00:02:42.704 It's really shown up in our work together. 00:02:42.704 --> 00:02:44.622 - It's a human transformation right now. 00:02:44.622 --> 00:02:45.915 I mean, there are a lot of things 00:02:45.915 --> 00:02:49.752 that people are still afraid of with AI 00:02:49.752 --> 00:02:51.546 or they don't understand how it works. 00:02:51.546 --> 00:02:53.464 And so, I think when you think about leadership, 00:02:53.464 --> 00:02:55.300 this is a moment for great leadership 00:02:55.300 --> 00:02:58.136 to bring everybody along, whether it's at the C-suite 00:02:58.136 --> 00:03:00.346 or it's at the ground level of the company, 00:03:00.346 --> 00:03:02.974 and even in between. It's getting everybody to move 00:03:02.974 --> 00:03:04.559 in one of the biggest technological shifts 00:03:04.559 --> 00:03:06.644 we'll experience probably in our lifetime. 00:03:06.644 --> 00:03:10.648 - Absolutely. So now let's talk about that mindset shift. 00:03:10.648 --> 00:03:12.734 Yeah, yeah. - That leaders need to make. 00:03:12.734 --> 00:03:16.196 How do you see that when it comes to AI and driving growth? 00:03:16.196 --> 00:03:20.992 - Yeah, I think back to, like, this prior chapter of AI 00:03:20.992 --> 00:03:22.994 where it was a technology platform, often, 00:03:22.994 --> 00:03:25.538 and I'm sure you saw this with your clients as well, 00:03:25.538 --> 00:03:26.831 what people were thinking about is, 00:03:26.831 --> 00:03:29.292 how do I take cost out? - Right. 00:03:29.292 --> 00:03:31.669 - How do I tell the board I'm going to be more productive? 00:03:31.669 --> 00:03:34.130 And I think there's a recognition now 00:03:34.130 --> 00:03:35.381 that this is so much bigger, 00:03:35.381 --> 00:03:37.592 that this is about a capacity expansion 00:03:37.592 --> 00:03:39.344 and growth for every company. 00:03:39.344 --> 00:03:41.763 And the best companies that are leaning into this, 00:03:41.763 --> 00:03:45.642 certainly, it's CEO-led. It is not incremental mindset, 00:03:45.642 --> 00:03:47.477 but exponential mindset. 00:03:47.477 --> 00:03:49.979 And they're thinking about this as almost a new substrate 00:03:49.979 --> 00:03:52.273 that enables a business transformation. 00:03:52.273 --> 00:03:55.193 And you know, the companies that really do that, 00:03:55.193 --> 00:03:57.612 they do it both from the strategy level, 00:03:57.612 --> 00:04:00.323 but also helping bring humans along with the technology, 00:04:00.323 --> 00:04:02.492 making it easy for them to identify, 00:04:02.492 --> 00:04:04.118 helping them to think curiously 00:04:04.118 --> 00:04:06.704 about how to reimagine the business. 00:04:06.704 --> 00:04:09.249 And then also I think the power of AI 00:04:09.249 --> 00:04:11.876 is also that you almost have a personal accelerant 00:04:11.876 --> 00:04:13.211 as you're doing the work 00:04:13.211 --> 00:04:14.504 and imagining what is possible. 00:04:14.504 --> 00:04:16.714 So I think as an executive at a company, 00:04:16.714 --> 00:04:17.590 when you think about this, 00:04:17.590 --> 00:04:19.842 thinking about the growth capacity and the potential, 00:04:19.842 --> 00:04:21.135 it's important to have the big vision. 00:04:21.135 --> 00:04:22.720 And then it's really important for people 00:04:22.720 --> 00:04:24.555 to get hands-on experience with the technology, 00:04:24.555 --> 00:04:26.557 so they believe it and then they can apply that 00:04:26.557 --> 00:04:27.850 to how they reimagine. 00:04:27.850 --> 00:04:30.228 - I can't wait to see what we'll tackle next together. 00:04:30.228 --> 00:04:32.146 - I'm excited for everything we do together. 00:04:32.146 --> 00:04:33.314 Thank you for the partnership. 00:04:33.314 --> 00:04:34.565 We really love working with you 00:04:34.565 --> 00:04:35.984 and serving our clients. 00:04:35.984 --> 00:04:37.485 - Likewise. - Thank you.