8 MIN READ

AI Frontiers of Market Research: Value Creation and Disruption

Dr Matthew Farmer

AI Frontiers of Market Research: Value Creation an...

The current era of AI proliferation presents an as-yet untamed frontier: an inherently uncertain lan...

8 MIN READ

Dr Matthew Farmer

    AI Frontiers of Market Research: Value Creation and Disruption
    9:29

    The current era of AI proliferation presents an as-yet untamed frontier: an inherently uncertain landscape that breeds existential anxieties of survival, prospecting promises of lucrative opportunities, and an evolving regulatory control from a ‘wild west’ expansionism to defining borders of control and limiting access.

    Insight professionals have been increasingly expected to navigate the AI frontier with little strategic direction. Within the context of an AI-promised gold rush of reduced costs and improved efficiency, insights professionals are left anxiously holding the pickaxe that could mean the disruption of their own value and job security. Their ability to survive and thrive the uncertainty of the AI frontier will depend on identifying and capitalising on opportunities for value creation alongside AI use, while avoiding value disruption.

    Anxiety and AI in Market Research

    The proliferation of commercial AI implementation has been a modern gold rush. Tech companies make promises about the value that AI will provide, capitalising on a contemporary commercial fetishisation with reducing costs and improving efficiency. Rather than being positioned merely as an opportunity, we are repeatedly told that expansion into the AI frontier is an inevitability. Participation in the gold rush for AI implementation has become a necessity.

    And so, business leaders’ fears of missing out on the promised rewards of AI often leads to businesses charging into the AI frontier without clear strategies for implementation beyond the narrow expectations of reduced costs and improved efficiency. However, it is within this environment that regular employees, including insights professionals, have been burdened with the responsibility for figuring out how to best make use of these AI tools and services. Combining this with the speed with which AI capabilities and integration continue to evolve, the lack of clearly communicated and implemented AI strategies sustains an anxiety of ambiguity for what AI means for those forced to use it. Insight professionals face existential anxiety in the uncertainty of their future within a changing market research industry.

    This anxiety of ambiguity becomes heightened with the risk of a growing dependency on the AI technologies that businesses have integrated into multiple processes and workflows. This dependency is a risk to businesses at a time when the AI frontier is becoming increasingly characterised by restricted access to quality AI services and compounding costs for maintaining existing access to already integrated AI technologies. The AI frontier is experiencing a contemporary transition away from its ‘wild west’ era of open access and experimentation towards the establishment of firmer governance and control over access and use. The uneven exercise of this control means that access to increasingly complex and powerful AI technologies becomes restricted depending on who you are and what you do. 

    For the market research industry, the risks of premature AI dependency and restricted access to quickly evolving AI technologies should raise questions about the value and sustainability for how AI is deployed within research processes. While the dust settles from AI’s wild west era, the anxieties of the frontier remain.

    Risks of Value Disruption in the AI Frontier

    What value does AI create for research practice? What value is disrupted in the rush to adopt AI? AI will continue to be around (in part due already embedded dependencies on AI technologies), but it’s important to pause and reflect on what value AI is adding and what value we’re losing as the market research industry transitions to future ways of doing research.

    The promises of AI and the development and deployment of AI technologies have been fast-paced and have often out-paced efforts to legislate and regulate the frontier. However, we’re now witnessing governmental efforts to increase regulation of AI technologies, as well as ongoing legal challenges setting new precedents on responsibility and limitations on use. These regulatory developments, alongside increasing costs (including the realisation of hidden costs) of AI implementation will require that insights professionals keep informed of such changes to ensure that their own use of AI continues to create value. Failure to do so could mean that an over-reliance on AI technologies will disrupt any value creation down the line.

    Insights professionals should also be aware of how the deployment of AI can disrupt value when used carelessly. For example, in October 2025, Deloitte produced a report with the help of AI for the Australian government – a report that contained multiple errors and led to Deloitte giving a partial refund on the $440,000 report. The optics of such errors call into question the value of both legacy consultancy practice and the accuracy of AI to deliver on research and recommendations. A key role that insights professionals can play in ensuring value creation with AI is to provide a critical evaluation of AI-generated outputs throughout the research process. A critical evaluation of the accuracy and relevancy of AI-generated outputs ensures that such outputs create genuine value for businesses.

    Similarly, consumer suspicion and hostility to AI implementation risks disrupting the value of research practice where AI is deployed without care for including a human touch that participants feel they can more easily and authentically connect with. Not everyone likes or wants to use AI. AI-only research practice risks missing an understanding of those consumers who are put-off from engaging with AI, at least where such engagement is transparently AI.

    Human Value of Insight Professionals

    Nevertheless, there are opportunities to deploy AI technologies in ways that offer new tools for optimising insights generation and impact, including synthetic data, virtual personas, and digital twins. While these technologies have the potential to add value to insights, it is key that insights professionals understand the opportunities and limitations of these tools in order to avoid value disruption via their misuse. Insights professionals can simultaneously create value from the appropriate use of these AI-supported technologies while demonstrating their own value to insights by advising on best practice uses relevant to the research context and objectives.

    In an era in which the proliferation of AI promises improved efficiency and automation, and new AI technologies provide alternative ways to access insights, insight professionals must play an important role in maintaining a focus on real, human consumers. While virtual personas and digital twins have the potential to create value by enhancing an understanding of customers, insight professionals will continue to create insights value by championing methods of connecting decision-makers to their customers.

    Insights professionals need to identify and create (or force) opportunities to demonstrate the value that they add to the research process, particularly in the gaps between what AI automation offers. Value is created by interrogating the spaces between data points, articulating those things left unsaid, and thereby shining a light on the insights that AI can miss. Insight professionals’ creative thinking and problem-solving skills, as well as their curiosity and ability to understand complex commercial contexts, are all valuable for understanding and advising on the best ways for businesses to most effectively engage with market research. Developing strong communication and influencing skills, while building relationships with stakeholders and decision-makers, will ensure that insight professionals successfully advocate their value.

    Surviving and Thriving in the AI Frontier

    To survive in this new AI frontier of market research, insight professionals need to identify the new hybrid skills and opportunities that will allow them to demonstrate and advocate their own value, as well as the continued value of market research for businesses. Despite the disruptive speed with which AI technologies have penetrated research practice, the market research industry is used to adapting to new technologies. Insights professionals need to embrace this adaptable spirit, identifying where AI can add value for them, where to avoid potential AI disruption to value creation, and demonstrating the importance of their own value as human researchers.

    The speed with which we have been thrust into the AI frontier can make it feel as though we’re constantly playing catch up. However, pausing to reflect on how best to create genuine value by developing our skillsets and strategic adoption of AI are key to surviving and thriving the potential value disruption of the ever-evolving AI frontier.

    AI might be the future of market research, but retaining the ‘human’ elements of insight practice is key for the industry to demonstrate true value creation. So, take time to pause and reflect on how you can best (and want to) excel in the AI frontiers of market research. How will you advocate your own value?

     

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