Heuristics, Algorithms and Communications: Quick Thoughts

Brussels, Data Science, European Parliament, European Union, Insights, Public Affairs and Communications 1 Minute
The use of heuristic and taxonomy algorithms for identifying cognitive bias in  communications is a game changer.  According to SAS,  companies that invest in analytics out perform the S&P500 by 64%. I imagine the margin for communication/marketing firms is greater. The market is not anywhere close to mature, and is lopsided to a few in the know. The rest toil in mediocracy via old connections/business that will surely run ground soon.
Today’s great business’s – for the most part, are data driven. Communications is perceived  to be educated guessing.. The use of programming for bias is important because bias cannot be out run. Think of this much like “Inception” and Moneyball combined.

Thanks to social networks we have the largest focus group in history. Analysts can see what people are using to explain how they feel and think – during  specific situations or events. This can also tell  how people interact within context of syntax or an instances. Very powerful and cheap information in contrast to polling or focus groups.

There are patterns/norms with how people engage on each medium. In addition to what type of syntax they use to convey a certain type of  thought. This is all programmed in the mind for the most part. Linguist like Lakoff and Chomsky suggest that brains are hard wired to favor certain patterns that convey meaning. This plays out accurately on-line consistently.

Just a random Sunday thought…Now looking forward to watching the NFL playoffs.

Ciao
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Published by Chandler T Wilson

Do to fundamental market shifts; organizations now find themselves operating within increased volatility, uncertainty, complexity, and ambiguity (VUCA). As a result, there are fewer markets with unknown opportunities and places to hide during market turbulence. Business, both big and small, will need to shift their thinking on what work, strategy, and creativity are. The majority of processes deployed at organizations are superficial and lead to a marginal compared, if any, competitive advantage, or built on assumptions that are no longer relevant or accurate. At Walmart, I work on machine intelligence to optimize corporate strategy and business processes for the VUCA age. By analyzing market trends and strategic frameworks with machine intelligence and algorithms, I've come to the conclusion that competitive advantage lay in the embrace of complexity, faster information to action times, and the unorthodox, as well as being agnostic to how an entity makes money or reacts to markets - especially for asset-rich businesses. This site is meant to house some of my research and thinking in the above areas. The views and comments expressed here are my own and do not represent companies I have worked for or with.

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