IMC Summary - Guest Lecture Flashcards
What are the general trends for media in the future?
The future is no longer about digital transformation, but about the transformation of digital.
What are the effects of economical crisis on media?
Disrupted supply chains, cost of living, and uncertain job market.
How have recent crises affected media usage and production?
Interlocking crises including economical, ecological, socio-political, and individual crises have disrupted supply chains, led to content reduction for newspapers, and caused extreme paper crunch.
What are the effects of ecological crisis on media?
Climate change and depletion of resources.
What are the effects of socio-political crisis on media?
War, polarisation, growing inequality, and loss of trust in news.
What are the effects of individual crisis on media?
Chronic loneliness, identity issues, and anxiety among Gen Z.
What is the impact of recent crises on digital publications?
56% of subscribers canceled a subscription in 2023, down from 63% in 2022.
What is the impact of recent crises on newspapers?
Content reduction or hard switch to digital due to extreme paper crunch.
What is the concern highlighted by the Edelman Trust Barometer?
67% of people worry that journalists and reporters are purposely trying to mislead people by saying things they know are false or gross exaggerations.
What is the level of anxiety among Gen Z according to McKinsey & Company?
Gen Z are the most anxious generation to date.
What are some stressors that fuel anxiety for Gen Zers?
Unemployment, climate change, technology, and other stressors.
Where do Gen Zers increasingly turn to for mental health resources?
Platforms like TikTok.
What initiatives aim to develop more solutions-focused journalism?
Solutions Story Tracker and Solutions Journalism Accelerator.
What is the first truly mobile and social generation coming of age?
Gen Z
What are some aspects redefining the media for Gen Z?
Self-expression, community-building, and mobile technology.
What has been the only device whose adoption rate still increases in the past 5 years?
Mobile
What is shaping new media moments for Gen Z?
Mobile phones and video apps.
What is the battle for attention and experience related to Gen Z?
Curated content, recommendation by experts, and limited catalog.
What are some characteristics of the shift to new platforms for Gen Z?
Move away from giant platforms, focus on fostering communities, and possibilities for monetization.
What is the impact of TikTok on other platforms?
Other platforms copy TikTok (Meta, Instagram Reels, Twitter…)
What is the main purpose of podcasting for the majority of listeners?
To alleviate stress of daily life.
What percentage of GenZ considers personally relevant content more important?
67%
What percentage of 18-24 year olds use TikTok?
63%
What is the challenge in the growing share of podcasting?
Funds/money.
What is the main challenge in the development of immersive technology?
Expertise needed.
According to meta, how will media evolve in the future?
To its most natural & immersive form, not flat & mobile but rather always on, lifelike & immersive.
What is the prediction about the future of AI and Automation?
Everything can be automated & will be automated.
What do more than 75% of news executives consider critical for the success of their business by 2024?
Artificial Intelligence.
What is the main focus of AI / Artificial Intelligence?
Link different media processes.
What are the three types of AI mentioned?
Artificial Narrow Intelligence (ANI), Artificial General Intelligence (AGI), Artificial Super Intelligence (ASI)