Part Three: The End of Privacy, In Politics The Best Data Wins | Summary and Q&A

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May 9, 2017
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Stanford Graduate School of Business
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Part Three: The End of Privacy, In Politics The Best Data Wins

TL;DR

Algorithms in political marketing have positive consequences for democracy, including personalized messaging, reduced reliance on money in politics, and increased engagement with previously excluded voters.

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Key Insights

  • ๐Ÿ’„ Personalized messaging through algorithms benefits democracy, making political messages more relevant and keeping voters engaged.
  • ๐Ÿ˜ƒ Micro-targeting in political marketing reduces the reliance on expensive traditional advertising, making political dialogue cheaper and decreasing the influence of big money.
  • ๐Ÿ‘ป Micro-targeting also allows for the inclusion of previously excluded voters, energizing new segments of the electorate.
  • ๐Ÿคจ Negative marketing through targeted messages is a potential misuse of technology and raises questions about its acceptability in politics.
  • ๐Ÿ‘ถ Throughout history, humanity has adapted to new changes, including previous concerns about advertising, suggesting that society will adjust to the effects of digital marketing.
  • ๐Ÿซ  The existence of ad blockers and the development of immunity to online ads indicate society's ability to adapt and avoid excessive manipulation.
  • ๐Ÿ™ˆ The workings of news feeds on platforms like Facebook show that what is seen is not solely determined by friends but also influenced by payment from companies to promote certain stories.

Transcript

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Questions & Answers

Q: How do algorithms in political marketing personalize messages for individuals?

Algorithms analyze individuals' traits, interests, fears, and dreams to deliver tailored messages that resonate with them on a personal level. This creates relevance and increases interest in the political message.

Q: What is the impact of micro-targeting on the cost of political campaigns?

Micro-targeting significantly reduces the cost of political campaigns as politicians no longer need to rely on expensive television advertisements and newspaper ads. Cost-effective means such as Facebook marketing, adverts, and tweets can be utilized instead.

Q: How did Bernie Sanders and Donald Trump benefit from micro-targeting in their campaigns?

Both Sanders and Trump, despite having smaller funds compared to mainstream politicians like Jeb Bush and Hillary Clinton, were able to energize and win over significant numbers of voters. Micro-targeting allowed them to reach out to specific voter segments with tailored messages.

Q: How does negative marketing using targeted messages influence elections?

Negative marketing messages can be specifically targeted to discourage the electorate of opponents from casting their vote. While this is a negative use of technology, it raises the question of whether negative marketing in politics should be allowed.

Summary & Key Takeaways

  • Algorithms allow for targeted marketing, tailoring messages to individuals based on their interests and personalities, which is beneficial for democracy and keeping voters engaged.

  • This form of micro-targeting is cost-effective for politicians, reducing reliance on expensive traditional advertising methods such as TV and newspapers.

  • Micro-targeting also allows for the inclusion of previously excluded voters, energizing new segments of the electorate.

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