How are you connecting with your customers?
Google experiments with book discovery…and fails

2016 Trend Report: What publishers need to know

Statistics-1020319_1920The Future Today Institute has created a terrific, free report summarizing key technology trends and what they mean for tomorrow. I’ve embedded the report below so you can quickly flip through it.

I read the whole report and highlighted the most noteworthy elements for publishers below. That leads me (once again) to the topic of curation, a very important (current and) future publishing trend. Curation is becoming as important as creation, especially as we’re bombarded with more information than we can possibly consume.

As you read through my curated list below, with slide numbers in parenthesis, be sure to look at each item through the lens of publishing. How will each one of these affect how your content is discovered, acquired and consumed in the future?

Bots (slide 15) – This type of automation will be combined with other emerging technologies, leading to things like highly customized audio learning platforms where the UI is totally voice-controlled (see SVPAs below).

Natural Language Generation (slide 17) – I’ve written before about Narrative Science and I’m confident we’ll see more and more algorithmically-generated content in the future.

Smart Virtual Personal Assistants, or SVPAs (slide 22) – Alexa is the one I use every day when interacting with my Amazon Tap device. Expect this one to evolve quickly as today’s functionality will be considered very primitive in a year or so.

Ambient Proximity (slide 23) – Beacons haven’t taken off yet but they represent such an interesting opportunity. Think of all the interesting things your local bookstore could do with beacons and promotional content.

Attention (slide 25) – Despite the lame name, this one will have a significant impact on the ongoing evolution of content presentation, especially when married to beacons and additional knowledge of the user’s current state.

Ownership (slide 36) – Up to now, creators of user-generated content seem more interested in visibility than compensation, but how long will that be the case?

One-to-few Publishing (slide 39) – Podcasts are dead, right? No, in fact there’s a significant opportunity in smaller, more tightly-focused audiences. This market concentration likely leads to higher subscription prices and/or advertising rates.

Intentional Rabbit Holes (slide 42) – Great concept that’s all about deeper engagement. What services can you add to your site or content to encourage readers to take a deeper dive and perhaps expose them to additional monetization opportunities?

Augmented Reality (slide 52) – It’s been around for a while but was only recently legitimized by Pokemon Go. Think of all the ways your content could be augmented via tools like Layar, for example.

Internet of X (slide 63) – Let’s say you’re a publisher of architecture books and other short-form content about design and construction. What’s preventing you from creating The Internet of Architecture?

Each of these are on different timelines, of course, and won’t affect content at the same moment. All of them, however, are likely to have a profound impact on just about every type of content in the next few years.

Comments

Peter Turner

Thanks for posting this Joe. Some interesting stuff here. Especially relevant is these and other innovations are so user-oriented, increasing rendering the producer of content less relevant and the filter/interface more so.

Amy Sterling Casil

Hello Joe - Re: beacon technology - one of my clients was a well-prepared startup operating in Canada and the U.S. They had partnered with a large jewelry store chain and were working with large malls to combine a mobile shopping and payment application (social shopping) with in-store beacon technology. They didn't "make it." :(

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)