On September 29-30, the ARF and MSI co-produced the inaugural ANALYTICS & FORECASTING conference, exploring the evolving role of modeling in market research and forecasting, with a particular focus on the opportunities and limitations of synthetic data. Attendees engaged in critical discussions about the opportunities and limitations of modeling in market research applications and heard practical strategies and solutions from leading researchers and practitioners.
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Large language models mirror human cognitive biases—but can those biases be guided? New ARF and MSI research reveals that while loss aversion remains deeply ingrained in AI responses, introducing persona information, such as demographics or personality traits, can increase variability and make outputs more nuanced. For advertisers and researchers, this opens the door to design strategic prompts that spark richer and more nuanced, human-like responses.
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Generative AI is transforming creative marketplaces by rapidly expanding the supply of content while simultaneously displacing traditional producers. Using a unique natural experiment and econometric modeling, this research explores how AI technologies alter equilibrium in image marketplaces—where it boosts variety and quality but also creates challenges for non-AI producers and policymakers.
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