Over half of people are questioning the content they're served online more than before, and 62% of people say that trust is an important factor to them when choosing to engage with a brand, according to Accenture's (NYSE: ACN) 18th annual Life Trends report.
People's response to rapid technological advances is mixed. Influenced by increased use of AI and generative AI, recent breakthroughs are impacting society's digital experiences. While appreciating the convenience digital technology offers, people are increasingly needing to scrutinize what they see and what they believe as they seek to rebalance technology's role in their lives.
Sunard Thanasanaksorn, Managing Director at Accenture Song (Thailand), said, "As new technologies like Gen AI continue to reshape lives, people are adapting their online interactions to maintain greater control over their digital experiences. Online trust has become a critical concern across generations, driving a growing habit of carefully filtering what we see and believe. This shift in behaviour, seen across markets including Thailand, is redefining how customers engage with businesses vying for their attention."
Insights crowdsourced from around the globe helped Accenture Song identify five macro-consumer trends forecasting the changing dynamic between technology and users, and the challenges and opportunities for brands as they adapt their strategies to meet evolving customer needs.
- Cost of Hesitations: The trustworthiness of digital technology is under threat as a rise in scams blurs the lines between real and deceptive content. Generative AI is amplifying this confusion, challenging people's trust in digital platforms. Accenture research shows over half of people now question online content's authenticity. Trust erosion is impacting online shopping and brand interactions, with 33% of people reporting deep-fake attacks or scams in the past year. Brands must reassure customers by creating beacons of trust in communications, commerce, and product.
- The Parent Trap: Parents face the challenge of helping the next generation build a healthy relationship with digital technology—potentially against their will. Unrestricted access to the internet and social media is influencing extreme behaviors and exposing young people to many different types of harm. Parents are seeing the effects and feeling the urgency, so they're mobilizing to establish guardrails as governments work on top-down policy. Accenture findings reveal that those aged 18-24 are more than twice as likely as those over 55 to say social media impacts their identity. Meanwhile, about two-thirds of Gen Z and Millennials agree that they're spending more time online than they would like to (67% and 64% respectively). As young adults struggle with negative impacts, debate and action are needed to find the right balance and protective measures.
- Impatience Economy: Many cultures emphasize that education, hard work, and determination can shape a desired future. However, last year's Decade of Deconstruction trend revealed that goals and priorities are increasingly shifting. Today, three out of four consumers say they wish companies would respond faster to their changing needs. Over half now prefer quick answers and guidance, often turning to crowd-sourced information for faster results, even taking riskier paths for health and financial goals. Notably, influencers were once largely focused on style, travel and music but their remit has expanded to include life fundamentals like health, wealth and happiness. When companies fall short, consumers look to the digital crowd, pushing brands to keep up to maintain loyalty.
- The Dignity of Work: The dignity of work is increasingly being tested by business pressures, technological advances and shifting dynamics. As generative AI enters the workplace, dignity needs to be factored into new expectations around how people will work with the technology. Three out of four people find generative AI tools helpful at work, saying that they make work more efficient (44%) and improve the quality of work (38%), while some are concerned that they limit creativity (14%), make work more transactional (15%), and create anxiety about job security (11%). Leaders must foster motivation and agency, as they are key to producing high-quality work.
- Social Rewilding: People are increasingly seeking depth, authenticity, and sensory richness in their experiences, aiming to engage with the world in meaningful ways. Reflecting a renewed desire to reconnect with nature and each other, people are seeking balance between technology and moments of joy and well-being. We found that 42% of people attributed their most enjoyable experience in the past week to something they did in real life, while only 15% noted a digital experience. The shift presents organizations with opportunities to rethink their roles and align with people's growing desire for more immersive and authentic experiences.
"The Life Trends report reveals that Thais are rethinking their relationship with technology—reassessing how social media shapes their identity and opting to disconnect for more in-person interactions. This shift reflects the growing appeal of JOMO (Joy of Missing Out), where stepping away from constant connectivity enables deeper, authentic relationships. Thais value technology that enhances productivity while preserving meaningful, face-to-face connections or even offline spaces. This creates a good opportunity for brands to create clear, empowering experiences that meet these expectations, building trust and fostering stronger customer relationships for future growth," concluded Sunard.
Source: ABM Connect