You asked for it, potty. It's my pleasure to help you get smarter faster. The Full Monty: As the Pendulum Swings – September 24, 2018We're seeing shifts in the use of technology, but it's nothing new; A.I. will results in more net jobs; how humans can tell if you're not a robot; Alibaba's autonomous car goals; the future of advertising; Amazon's play for media, advertising, retail, and whatever else it wants; Chatter Matters takes a look at word of mouth; the most relevant brands in the U.S.; retail vs. e-commerce (again, and more); Instagram is getting out the vote; why absentee ballots are a pain for college students; the Old Twitter is here; Slideshare is dying; audio captions to a print magazine; the EU's approach to copyright is dangerous; Airbnb wants hosts to own part of the company; Adobe buys Marketo; celebrating Mister Rogers; "look at your fish," and other sage advice; plus the podcast pick of the week and more in the As the Pendulum Swings edition of The Full Monty for the week of September 24, 2018.
The Full Monty saves you time and makes you smarter by curating the essential business intelligence every week. Links are below with commentary in italics. Please sign up for our email updates to make sure you don't miss a thing. And check out The Full Monty on Flipboard. Contents:AnnouncementsTop StorySpeaking EngagementsArtificial Intelligence / AutonomousCommunications / Marketing / Business StrategyRetail ApocalypsePlatformsMediaPrivacy / Security / RegulatoryMeasurement / Analytics / DataMental NourishmentAnnouncementsIn just a few weeks, I'll be making a switch to a tiered subscription model. Some content will always be free, and the full version will be accessible via a reasonable monthly fee. If you'd care to let me know what a fair price is to you, I'd be grateful to hear from you. Also, each Monday at 1:00 pm ET, I'm hosting The Weekly Tease, a 5-minute preview of what you'll hear in The Full Monty podcast and what I'll write about on ScottMonty.com this week. I hope you'll tune in. Top StoryWe like to think that the developments we're seeing today are unique. Thanks to the incredible innovation and advanced technology, we're seeing business and consumers change in ways we've never seen before. Except when we have. Whether it's personalized content (hello, letters and postcards, anyone?), or grocery delivery (tell that to the milkman and grocer from the early 20th century), or a move to more private conversations away from public social networks (private phone lines that evolved from party lines), we've seen it all before, just in a different format. Walmart tries to become more like Amazon while Amazon takes on more traditional retail functions. Teens are becoming less public with their updates, spending less time on social networks and more on messaging apps and texting. Watch the trends. See the pendulum swing wildly in one direction, then head back for a correction, before finally settling in the middle. It'll happen. "Read it up—you really should. There is nothing new under the sun. It has all been done before." – Sir Arthur Conan Doyle A Study in Scarlet "The old wheel turns, and the same spoke comes up. It's all been done before, and will be again." – Sir Arthur Conan Doyle The Valley of Fear Thanks this week to these fine folks who poked around in the darkness to find some of the links in this week's edition: . I hand-curate all of the content you see below (plus other stories on Flipboard that don't make the newsletter). If you've got something you think I should see, @ me on Twitter, Facebook, or email.
Speaking EngagementsAlways looking for recommendations for speaking engagements – including executive briefings / workshops and keynotes. Can I speak to your organization or at your event? Feel free to contact me to discuss it.- I'll be in New York City later this week. Ping me if you're around.
- Brandemonium in Cincinnati, October 3-4. BR18FRIEND gets you $100 off.
- Pubcon in Las Vegas, October 16-18.
- Now booking for 2019. Hit me up!
Artificial Intelligence / AutonomousThe latest in AI, machine learning, bots, and blockchain, mobility, and autonomous everything.Aʀᴛɪꜰɪᴄɪᴀʟ Iɴᴛᴇʟʟɪɢᴇɴᴄᴇ / Mᴀᴄʜɪɴᴇ Lᴇᴀʀɴɪɴɢ- Alibaba is developing a microchip for autonomous vehicles as part of its Made in China 2025 plans. (Business Insider) The technology giant from China has the power to make a large impact with such an advance, putting China into a very competitive position.
- Volvo will supply Uber its self driving car fleet. The automaker will provide 24,000 vehicles based on its XC90 platform, capable of holding seven passengers. (SFGate)
- All the things that still baffle autonomous cars, including seagulls, tree shadows, and foam. (Quartz)
- IKEA designs future autonomous cars that work as hotels, stores, and meeting rooms. (MIT Technology Review) Perfect for the gig economy worker that can't afford their own place!
- The coming electrification of planes, trains, ships and trucks gives us "the right to remain hopeful about our chances of limiting the impact of climate change." (Bloomberg NEF)
- The one autonomous vehicle that seems to be making headway: the bus. (The Hustle)
Communications / Marketing / Business Strategy Industry developments and trends, including advertising & marketing, journalism, customer experience, content, and influencer relations.Sᴛʀᴀᴛᴇɢʏ / Mᴀʀᴋᴇᴛɪɴɢ / CᴏɴᴛᴇɴᴛJᴏᴜʀɴᴀʟɪsᴍ / Cᴏᴍᴍᴜɴɪᴄᴀᴛɪᴏɴs / Rᴇᴘᴜᴛᴀᴛɪᴏɴ- Word of mouth—online and offline—impacts every business, organization, candidate, and cause. Chatter Matters is a report that contains the results of a proprietary study of 1,001 individuals about how they decide what to buy, how to vote, and more. (Convince & Convert)
- "Influencer marketing" doesn't equate to celebrities with huge followings. It should be about who can move the needle. Working with micro-influencers can have many benefits. (MarketingProfs)
- Consumers are pushing brands to deliver on innovation—with greater ethical responsibility. (Agility PR) Consumers want their favorite brands to stand for something.
- These are the brands considered most relevant by Americans in 2018, according to Prophet. Four characteristics generally shared by the most relevant: customer obsession; ruthless pragmatism; distinctive inspiration; and pervasive innovation. (MarketingCharts)
Retail ApocalypseHumans are a transactional species, and the practice — if not the very notion of what retail is — is undergoing a historical metamorphosis.
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Platforms News to know about relevant social, virtual, and augmented reality platforms that may affect your business.Fᴀᴄᴇʙᴏᴏᴋ / Iɴsᴛᴀɢʀᴀᴍ / WʜᴀᴛsAᴘᴘTᴡɪᴛᴛᴇʀOᴛʜᴇʀ- On YouTube, video creators with at least 50,000 subscribers can now offer memberships for $4.99 per month for access to exclusive content, badges and other extras. (Engadget)
- YouTube wants to compete with Twitch, and its gaming hub offers faster access to top streams of games. (Engadget) E-sports viewing is a huge industry, with hundreds of millions of fans participating.
- The White House is considering an executive order to investigate Google and Facebook for online platform bias and antitrust considerations. (Business Insider)
- Mobile social network Path is officially closing. (Techcrunch) You probably didn't even know they were still open (or if you're new enough to the industry, that they even existed).
- And Slideshare seems to be gasping for breath as well. (MarketingProfs)
- Pinterest has given SMBs the ability to access Shop the Look pins, a free product-tagging tool for organic search. (MarketingLand) Any business or influencer can use a self-service tool to tag home decor and fashion products, putting Pinterest in square competition with Facebook, Instagram, Amazon and more.
- Did you know that Quora is netting some 300 million monthly users? (MarketingLand)
MediaThe latest in the world of streaming video, audio, and the advertising, pricing and bundling models related to them.VɪᴅᴇᴏAᴜᴅɪᴏ And don't forget about The Full Monty podcast, our own brief weekly business commentary.
Privacy / Security / RegulatoryBusiness disruptions in the legal, regulatory, and computer security fields, from hacking to the on-demand economy and more.Pʀɪᴠᴀᴄʏ / Sᴇᴄᴜʀɪᴛʏ / HᴀᴄᴋɪɴɢRᴇɢᴜʟᴀᴛᴏʀʏ / Oɴ-Dᴇᴍᴀɴᴅ Eᴄᴏɴᴏᴍʏ- The EU Parliament passed a Copyright Directive that would overhaul its copyright law and would force platforms to impose strict filters for copyright violations or face fines. Critics say the rules constitute a "link tax" and undermine the openness of the internet. (Axios)
- Teenagers are flocking to electric scooter services like Bird and Lime, ignoring requirements that riders be age 18 or older. (The Verge) And they're typically riding without the helmets as well.
- Uber is in talks to acquire food-delivery company Deliveroo, one of Europe's largest startups. (Bloomberg) Once again, the marriage of food delivery and ride sharing is irresistible.
- Lyft has logged one billion trips in six years – the same amount of time it took Uber to reach that level. But Lyft is only in North America. (The Verge)
- Airbnb wants to give its hosts equity in the business. Specifically, Airbnb is seeking a change to the SEC's Rule 701 — which governs ownership of equity in companies — to allow a new kind of shareholder class for workers who participate in gig economy companies and their services. (TechCrunch)
Measurement / Analytics / DataThe future is not in plastics, but in data. Those who know how to measure and analyze it will rule the world.
Mental NourishmentOther links to help you reflect, improve, or simply learn something new.
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