Michalis. A. Michael
May 2, 2019
Today, AI can analyze terabytes of text and images in seconds, revealing hidden insights that were impossible to uncover just 15 years ago.
Unlock the power of AI in research; turn vast unstructured data into actionable insights, transforming how we understand markets, customers, and trends.
There is a relatively simple formula which describes “weak” or “narrow” artificial intelligence: AI = ML+TD+HITL. To be more specific, this is the definition of supervised machine learning, which is the most common method to produce artificial intelligence. The acronyms in the formula stand for:
Strong artificial intelligence - as defined by the Turing test - is when a human has a conversation with a machine and cannot tell it was not a human, based on the way it responds to questions. The optimists believe that strong AI is 10-15 years away whilst the realists/pessimists say not before the end of this century.
Over 90% of all human knowledge accumulated since the beginning of time, is unstructured data. That is text, images, audio, or video. The other 10% are numbers in tables which is what quantitative market researchers usually use. The qualies, they are the ones using unstructured data, but the volume is limited to a few pages or a few video clips that a person can read/watch in a couple of days.
Other than reading, listening to, or viewing unstructured data, 15 years ago there was no other way to discover their content and understand their meaning. Thankfully (especially if we are dealing with big data) today there is a way to discover and understand the information hidden in mega-, giga-, tera- or n-ta-bytes of data; you guessed it, it is AI. Machine learning allows us to create models that can process large files of text or images in seconds, and annotate sentences, paragraphs, sections, objects, or even whole documents with topics, sentiment and specific emotions. Sentiment and semantic analysis are the two most popular ways to analyse and understand unstructured data with the use of machine learning or a rules based approach. When the unstructured data to be analysed is in text format, the discipline falls under Computer Science (not linguistics funnily enough) and is called Natural Language Processing (NLP) or Text Analytics.
Semi-supervised-, unsupervised- and deep-learning are other forms of machine learning, used to a smaller extent in a market research context, even though deep learning implementation is picking up speed - especially for image analytics.
There is a multitude of users, data sources and use cases within an organisation. Let’s take a look at relevant data sources first:
ESOMAR mainly caters to the market researchers in organisations globally, but there are many more users of text and image analytics solutions sitting in different departments, that can benefit from using AI to understand unstructured data. Here is a combined list of users and use case examples for each one, which is not exhaustive by any means:
If we agree that social intelligence is currently the most popular application of AI in research and insights then it does make sense to review possible questions that can be answered using it.
If you are amenable to a bold statement such as “social intelligence may replace some traditional market research methods used to solicit consumer opinions” then here is a list to consider:
Of course whether social intelligence can replace them altogether or enhance them depends on the country, language and product category. If you have not embraced the use of AI yet, to tap into the wealth of unstructured data available to us everywhere, then at least keep an open mind and keep asking questions that will help you make an informed decision when the right time comes.