"Creative people, by their very nature, are worriers, and when you're tasked with your core competency being to defend ideas in every situation possible, change is always frightening. But I do fundamentally believe that what's at risk with AI is not creativity. What's at risk is the size of the margins of the businesses that built things out to wrap around creativity. So I'm excited about what's coming."
Sir Martin Sorrell criticized WPP's consolidation efforts as a "disgrace" and expressed doubts about the company's future under current leadership. He suggested that WPP might be beyond saving.
Employees in advertising are reliant on AI tools for research and idea generation, with concerns about misuse and lack of verification, raising questions around productivity and information security.
Only 40% of respondents feel advertising is a trustworthy industry, with only 44% believing it has a positive societal impact, despite 78% enjoying their work.
I literally laughed out loud. We shouldn't be surprised. We've tried to plan for this. We changed a lot. For five years, there was a lot of urgency.
Although we are having client conversations about the potential impact for a future state, there is no current impact on our budgets," said Vickie Segar, founder of influencer marketing shop Village Marketing, now owned by WPP. "It's a watch and wait moment... we have a president who is not consistent in strategy or thought.