During the Canne Festival of Creativity, Steve Stoute, Ben Horowitz and Kanye West took the stage for a discussion titled 'Technology, Culture and Consumer Adoption: Learning to Read the Cultural Landscape'.
The talk itself was a rather rambling affair (Kanye as usual got lost off on various tangents of thought) but there was definitely some interesting ideas put forward. I have provided the video and my take on the whole thing below.
On Technology and Culture
Technology is now so prevalent in consumer hands. It has democratised the technology products themselves, and it has democratised our entertainment. It now plays a huge role in everybody's life.
The flip side to this is it has created incredible complexity and noise. We have created a fast food mentality with our information, treating culture as disposable.
Looking to the future, we will start to see a much stronger focus on culture playing a bigger part within technology and marketing. The Beats acquisition by Apple is a classic example - two innovators (Iovine and Dre) with creative force and cultural relevancy were essentially brought on to bridge the culture gap for the company. Apple will build upon their true core, to be a truly aspirational brand.
On Achieving Relevancy
Bridging cultures is all about creating shared values. What is authentically you (the brand), and what is authentically us (the consumer). And what is mutually beneficial for us both. Bring them together - that's the basis of a relationship.