Midjourney: Art from Artificial Intelligence. Impact on the digital advertising industry
In recent years, the field of artificial intelligence (AI) has advanced rapidly, leading to significant changes in many industries. One area that has seen a particular impact is the world of digital advertising. With the help of AI, marketers can now create dynamic and personalized ads that are tailored to the individual interests and preferences of each viewer. One exciting development in this field is the emergence of AI-generated art, which has the potential to revolutionize the way we approach digital advertising.
Midjourney is an independent research lab that produces an artificial intelligence program under the same name that creates images from textual descriptions. It is speculated that the underlying technology is based on Stable Diffusion. The tool is currently in open beta, which it entered on July 12, 2022. Midjourney’s work is distinctive in that it blurs the line between the real and the virtual, creating art that is both abstract and organic.
One of the most exciting things about AI-generated art is that it can be customized to fit the needs of individual brands. For example, a fashion brand might use Midjourney’s art to create ads that evoke a sense of movement and fluidity, while a technology brand might use it to create ads that emphasize innovation and progress. By tailoring the art to the specific needs of each brand, marketers can create ads that are more effective in capturing the attention of their target audience.
Another advantage of AI-generated art is that it can be created quickly and at a relatively low cost. Traditional art creation can be time-consuming and expensive, with artists often needing to spend hours or even days on a single piece. By contrast, AI-generated art can be created in a matter of minutes, making it an attractive option for marketers who need to produce a large volume of ads quickly.
Of course, there are also potential downsides to this technology. Some critics have raised concerns that AI-generated art lacks the authenticity and emotion of traditional art, and that it may be seen as cold or impersonal. Others worry that the increasing reliance on AI in advertising could lead to a loss of jobs for human artists.
Despite these concerns, it seems likely that AI-generated art will continue to play an important role in the digital ad industry in the coming years. As the technology continues to improve, we can expect to see even more sophisticated and dynamic ads that are customized to the needs of individual brands and consumers. Whether or not this is a positive development remains to be seen, but one thing is clear: AI is transforming the way we think about advertising and art alike.
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