YouTube viewers world-wide are now watching more than one billion hours of videos a day

YouTube viewers world-wide are now watching more than 1 billion hours of videos a day, threatening to eclipse U.S. television viewership, a milestone fueled by the Google unit’s aggressive embrace of artificial intelligence to recommend videos.

YouTube surpassed the figure, which is far larger than previously reported, late last year.

It represents a 10-fold increase since 2012, YouTube said, when it started building algorithms that tap user data to give each user personalized video lineups designed to keep them watching longer.

Feeding those recommendations is an unmatched collection of content: 400 hours of video are uploaded to YouTube each minute, or 65 years of video a day.

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One in three Americans are now using Facebook Messenger

Facebook Messenger is very popular.

In fact, one in three Americans are using Messenger.

Brands have taken note.  A recent study found that 81% of retail brands allow customers to message them on Facebook.

But just two per cent are using Chatbots (as previously reported on this blog).

Sephora uses bots to allow customers to book in-store appointments, MacCallan’s bots allow users to choose and whiskey and Bud Light’s bot reminds uses when it is time for a beer during the game.

 

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90 per cent of all jobs in the UK require digital skills

A parliamentary report commissioned last year revealed that 90 per cent of all jobs in the UK require digital skills and the digital skills gap is costing the economy £63 billion in lost additional GDP.

It also asserted the need to invest in digital training to increase productivity and stimulate innovation, or we risk the UK being left behind.

The report further found that there was a specific gap for those able to interpret and apply relevant insights from data analytics – one of the key skills growth marketers need today.

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Writing centre: it worked for The Fed, it can work for you

Bank examiners at the Federal Reserve Bank of Philadelphia, have dramatically improved the clarity and impact of their written reports, says Harvard Business Review.

The Philadelphia Fed hired Jessica Weber to improve the bank examiners’ writing, focusing on ways to make it more efficient and succinct, streamline the review process, and generally make the documents clearer and more effective.

The technique that Weber used to improve writing at the bank is unusual for the corporate world but common at colleges and universities: a writing centre.

In a university setting, a writing centre is a place where students can work with a tutor to improve a piece of writing.

Writing centre coaching sessions typically have two goals: to improve the specific document being edited and to train the writer in better techniques so that their writing improves over time.

Weber made some careful choices in how to run the program:

  • The program was voluntary. This ensured that no one would perceive being sent to the writing centre as some sort of punishment or remedial effort on the part of their managers. Because the writers maintained control of their content, there was no stigma in participating.
  • The feedback was in person or by phone. The examiners were used to getting dozens or hundreds of contradictory comments over a period of weeks from their managers and other staff. Managing and dealing with these sorts of redline markups is a huge effort, just as it is in other corporate settings. But Weber offered her feedback on one draft at a time, in half-hour sessions with an emphasis on coaching the examiners on better writing techniques — training through editorial coaching.
  • The feedback was outside of normal management channels. Except in rare circumstances, the writing center did not report session results to examiners’ managers. This allowed the writers in the program to be more open about problems they were having.
  • The writing centre encouraged repeat visits. About 63% of those who came for coaching returned for another session.
  • They measured the results. To prove the program worked, Weber and her managers found ways to measure writing quality before and after the coaching session. Looking at 20 writing samples from before the program and 20 revisions from the writers who had gone through it, senior officers at the Philly Fed rated each piece of writing on organization, support and analysis, clarity, grammar, and other factors. To eliminate bias, the writing centre removed details from the samples that might identify the examiners who had written them or specific banks.

The experienced managers’ ratings showed:

  • a 36% improvement in overall quality
  • a 56% improvement in organization
  • a 48% improvement in clarity
  • a 38% improvement in support and analysis.
  • a 20% improvement in grammar
 These results, combined with the high levels of repeat coaching and satisfaction with the programme, convinced Weber’s managers that the programme was working.
Now the writing centre has expanded to include a second writing consultant and has completed over 400 writing consultations. Weber is figuring out ways to spread the program to other banks in the Federal Reserve System.

We are convinced that a writing centre like this can improve the writing culture in many organizations.

Here’s what you need to make this work for your company:

  • A belief at the top that improving writing is worth it. Bad writing is destroying your organization’s productivity. In a survey of 547 business writers, 81% said  poorly written material wasted a lot of their time. Before you can fix the problem, you need to get your management to admit that there is a problem.
  • A collection of similar writers. Weber’s program worked in part because the bank examiners’ jobs are all similar. The same might apply to technical writers, analysts, or people who write internet copy. When you have a collection of writers like this, you can develop a set of criteria, materials, and training methods to help them. You can also measure the results, as Weber did.
  • A voluntary programme that management encourages. While a mandatory program might work, a voluntary program like Weber’s is more likely to succeed because it selects for motivated individuals. If you can make sure that those who get the training get specific benefits, then they’ll spread word of mouth and encourage others to participate. But you’ll get nowhere unless managers see the value of the program and get behind it.
  • A focus on learning through editing. ”Writing training” sounds like a chore. But editorial coaching sounds more like something helpful. Editing fixes documents. Editing with an emphasis on lessons to learn fixes writers. Editors send documents back with fixes. Editorial coaches, like Weber, take the time to make sure the lessons of their edits actually stick.
  • A commitment to measure results. Succeeding is not enough; you have to prove you succeeded. Weber’s program did that, which is why she had the license to expand her work to other parts of her organization.

A writing centre is an effective way to lift an organization’s writing culture by its bootstraps. That means everybody can spend less time puzzling out incomprehensible messages and more time actually getting things done.

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This season’s best ads: Oreos, Old Spice, Pepsi and Snickers

Oreo Dunk Challenge – Shaq

https://youtu.be/7nSEoyIVaLw

Oreo Dunk Challenge – Neymar

https://youtu.be/IsUDsDaPhq0

Old Spice – Jungle Hero

https://youtu.be/9pQvASUmEsA

Pepsi and the Champions League

https://youtu.be/m1zB_mLAhbg

Snickers’ Live Super Bowl Ad

https://youtu.be/_9M_wQDTTdk

All the Super Bowl Ads

https://www.youtube.com/user/adblitz

Honda’s Helpful Bowl – hijacking the Super Bowl

https://youtu.be/E82o7vbTcEk

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Twitter CEO Jack Dorsey just made a dopey move

16-distraction-3-nocrop-w710-h2147483647-2x

Twitter CEO Jack Dorsey purchased sevn million worth of Twitter shares earlier this week.

The purchase of the shares sends a signal to the market that he’s confident in the prospects of the firm he runs.

However, the purchase has also sent a much clearer signal to the market: that nobody is interested in acquiring Twitter (he couldn’t purchase shares otherwise), removing a floor on the stock present since they announced they were courting suitors last year.

D’oh!

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Everyone just shut up about VR. It still isn’t happening

The most valuable unicorn in Florida is Magic Leap . Founded in 2010, it raised $1.4B to design and manufacture head-mounted virtual retinal displays.

The firm hasn’t released a product yet, and is valued more than AMC, the world’s largest movie theatre company.

Seven years. No product.

In other news, Best Buy just shuttered 200 Oculus pop-up stores, as many weren’t getting a single demo.

Tech firms are terrible at developing wearables,

It’s fashion and geeks ain’t good at that.

 

 

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Facebook buckle under pressure to allow third party audits of figures, reports Wall Street Journal

Facebook has pledged to undergo audits by the media industry’s measurement watchdog, the Media Rating Council, people familiar with the matter say, a move that will likely please ad-industry executives who are skeptical of the tech giant’s data-reporting practices.

Ad executives have been clamoring for more independent verification of Facebook’s metrics, especially after a series of disclosures by the company in recent months about mistakes in its data.

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Facebook engagement metrics are 94% inaccurate

Imagine, if you would, that you work for a company that sells bananas.

Each month your boss gives you targets for selling bananas. In the last month he sets you the target of selling 100 cases of bananas. But you only sell six. What do you do? If you come clean he will fire you for being rubbish at selling bananas. That is your job after all.

But here’s the thing. The boss never checks to see how many cases of bananas you actually sold. So, you know, you could just tell him you sold a bit more than you actually did.

What would Mark Zuckerberg do? Hard to say, but we now know what Facebook in Australia would do. They would say they sold 100 cases of bananas.  And they would collect their salary and do the same thing next month too.

Read more of my article for Media Briefing here.

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