Weekly martech review: Marriott data breach, Google prevents AI bias, Amazon doubles ad revenue
We review the top news in martech from the week of November 26–December 3, 2018.
We review the top news in martech from the week of November 26–December 3, 2018.
In our review of last week’s martech news, we highlight the Marriott data breach, Google preventing AI bias, and Amazon’s doubling digital ad revenue.
What it is
Last week, hackers stole the personal data of up to 500 million Starwood guests, a company which was bought by Marriott in 2016. Personal information as well as rewards points were compromised in the breach.
Now, New York’s attorney general and European regulators are investigating the incident, and whether or not Marriott will be the first company to fork over huge fines for violations of GDPR.
Why it matters
Starwood faced a security intrusion in 2015. The WSJ reported that the company could have ( / should have) responded to the discovery of that 2015 incident with heightened investigation and security, but failed to do so effectively. Instead, the intruders were able to lurk inside the company’s reservation system for three years.
As ever, cyber and data security is no joke. Seemingly small incidents can snowball into nightmares. GDPR exists for a reason. Marriott shares fell 5% on Friday and are predicted to drop further.
What it is
In May, Google launched a Smart Compose AI feature in Gmail that predicts the end of a sentence or phrase the user is typing.
Now, Google has blocked the use of gender-based pronouns in the technology in order to avoid biased predictions of a user’s sex, gender, or sexual orientation. For example, if a user types “I love,” the technology will predict “you” or “it” and avoid “him” or “her.”
Why it matters
AI bias has been an issue since day one, and something many people are working hard to overcome. Like many companies in today’s day and age, Google would rather err on the side of caution than face scrutiny for discrimination.
What it is
Amazon is expected to double its digital ad business by the end of this year to $5.83 billion. As ecommerce buyers move to Amazon‘s growing selection of products, competitive prices, and unbeatable delivery speed, marketer budgets follow.
Why it matters
Amazon’s AWS cloud service remains the company’s highest earning business, but some analysts predict that the ad business will overtake AWS as the highest revenue generator by 2021.
See something we missed? Leave us a comment below!
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