Creator Economy 2024 Predictions & 2023 Trends
I break down eight key trends from this year, covering the evolution of the definition of a creator, the integration of AI across social media, tightened regulations for influencer marketing, and much more. I also dive into three of my predictions and big bets for 2024, including which social media platform will play a bigger role in influencer marketing.
Meta Announces AI Updates Across Its Family Of Apps
Meta has unveiled over 20 AI-related updates across its family of apps— Facebook, Instagram, and WhatsApp.
Amazon Expands Social Commerce Reach with Meta and Snapchat Partnerships
Amazon has partnered with Meta and Snapchat, allowing Prime customers to link their Facebook and Instagram accounts to their Amazon account.
Instagram Expands Sharing to Reels To All Developers
Instagram is making Sharing to Reels available to all developers, enabling people to share video content to Instagram Reels directly from third-party apps.
Meta Introduces New Features for Reels Ads Ahead of the Holiday Season
Meta has recently introduced a range of new features for Reels ads in anticipation of the holiday season.
Meta Begins Rolling Out Generative AI Features for Ads
Meta has announced that it has begun rolling out its first generative AI features for ad creatives in Ads Manager, which are expected to be available to all advertisers by next year.
Meta Adds A Branded Content Search to the Meta Ad Library
Meta has expanded its Ad Library to include Branded Content.
Meta to Release AI-Powered Chatbots with Different Personas in September
According to the Financial Times, Meta plans to release AI-powered chatbots in September.
Meta Announces New Updates for Creators on Facebook
Meta has announced several updates for creators on Facebook to help with content creation, audience growth, and monetization.
Meta Expands Ads on Reels Monetization Program to More Creators & Updates Payout Model
Meta is expanding its Ads on Reels monetization program for Facebook to include more creators, including those who were part of the paused Reels Play Bonus Programs.
What Social Media Platforms Unveiled at 2023 IAB NewFronts
The Interactive Advertising Bureau (IAB) NewFronts event wrapped up yesterday.