Buzzwords have become integral parts of any organization’s marketing activities these days. Almost all technology products seem to be enhanced by AI, with a foot in the Metaverse and working for a sustainable future. Ignoring how vague phrases like these sound, companies seem to be dipping all they do in the buzzwords sauce.
It might seem sensible to promote how your solution is perfectly aligned with some megatrend and is probably the next big thing. However, using these words without caution can bring forward numerous ethical red flags about your organization.
Let’s review some of these most commonly used words in marketingand the ways their usage might be problematic.
Artificial Intelligence technology is finally entering public realms.
None of the LLMs have hard-coded databases for facts and simply predict which new word should follow their last by looking at the data available to them. Mostly, it seems like they make quite a lot of sense. Some other times, they really don’t make sense.
LLMs perform especially well in certain tasks with a rather narrow scope and clear requirements.
Most of the marketing we see boasting AI these days seem to promote the technology as some sort of magical all-competent system that changes things forever. That is misleading. We need to do better in explaining why AI works for the problem at hand, where and how we get the data that feeds into it and how we make sure that it remains a bias-free, respectful and ethical part of our solution stack aligned with your organization’s values.
The mere mention of an “AI-powered” system leaves many of us unhinged and gives the impression that your organization simply wants to ride the next-big-thing-wave without much care for how well your systems work.
All the while, gazillions of smaller companies receive Venture Capital funding to focus on building another infrastructure solution for the Metaverse, mostly to mixed results with
Some other funded players are interested in the vision of a Metaverse and build more fancy digital things for trading purposes. Most investment into any company with the Metaverse flair is driven by big names continuing to take giant, heavy-lifting mammoth steps into some yet-unknown direction. Investors dream of those companies getting acquired by some big name within 5-6 years.
To cut to the chase: Metaverse is a dream, sold to one another by companies and investors. It’s likely fueled by
If I read ‘Metaverse’, or any adjacent term in your promotion, your value proposition is doomed for many.
I can’t help but assume that the product I’m reading about is some aloof nonsense some privileged kid dreamt up to cater for their consumerist fantasies.
If you think you can convince me otherwise, please give it a shot, but be very careful in explaining why this Metaverse solution actually does anything other than bringing financial profit to you.
Another big megatrend word that made its way into the public dictionary is web3. The term was coined in 2014 by one of Ethereum’s and Polkadot’s co-founders,
Many projects within web3 have clear use cases, engaged communities and plausible businesses. Unfortunately, just as many are weak in design and perhaps even rely on
Similar to ‘metaverse’, projects that claim to be within the web3 space need clear justifications for why decentralization and blockchain is crucial for their solution’s existence. In other words, there needs to be satisfying answers to what circumstances oblige the solution to only really efficiently exist with blockchain and how decentralization will be increasingly ingrained in the solution over time. Otherwise, the buzzword sounds alarms for many that are rightfully skeptical towards any superficial scheme that made a handful of people a lot of money at the cost of a lot of other people.
With greenwashing, brands can pat their potential consumers in the back, nudging them a little further towards check-out. Environmental friendliness is, thereby, a mask, an insincere gesture and simply part of the logistics.
Sustainability is not planting one random tree. It is a much wider term that needs to suggest ways to enable the long-term co-existence of various species.
Sustainability does not mean we’re each getting a fish; it’s about all of us learning how to fish, in a way that doesn’t damage the ecosystem, including the fish population.
Anytime a product or service with a sustainability flair comes my way, I’m extra attentive to what’s going on. I ask myself: Do I really need this? Why is this sustainable from a material point of view? Are the larger organizations that enabled the product or service ethical or, in their further existence, not a burden to the planet?
History is full of brands’ disgusting tricks and deceitful communication to sell more. Buzzwords, like the above examples, have become integral parts in marketing communications. While canceling their usage completely would make things harder for our shorter attention spans, sprinkling them everywhere leads to imprecise messages loaded with ethical question marks.
Not only marketing professionals, but also entire teams need to define and act in accordance with their core values from their first day of operations. And when they use buzzwords, they need to make sure it’s tied back to their core values, ethically correct and justified.
The lead image for this article was generated by HackerNoon's AI Image Generator via the prompt "buzzword mania".