EXPERT INSIGHTS

Mar-08-2024

A Month in Review: February social media trends and updates

Khoros Strategic Services

From OpenAI's latest text-to-video generator to Grammy's historical moments, let's dive into the trending topics and industry updates that made waves over February.

Open AI’s Sora: The Next Frontier in AI-Generated Video

OpenAI recently unveiled Sora, its text-to-video generator that promises to revolutionize how we create and consume video content. While not yet available to the public, Sora mirrors the functionalities of its predecessors, ChatGPT and Dall-E, allowing users to bring their imaginations to life by simply typing their ideas. Though there are other AI video creation tools on the market, industry analysts claim Sora has produced the highest-quality AI-generated video seen so far. Some critics, however, took to social media to point out Sora’s flaws, highlighting the shortcomings of its creations.

Open AI Sora

Taylor Swift’s Grammy triumph and new album announcement

Taylor Swift's triumph at this year's Grammy Awards marked her as the first woman to win Album of the Year three times. In her acceptance speech, Swift also announced her eighth studio album, "The Tortured Poet's Department," igniting a frenzy among fans on social media. Brands quickly jumped on the bandwagon, creating spin-offs of Swift's album cover.

Taylor Swift Grammy triumph and album announcement

Super Bowl 2024 top commercials

The 2024 Super Bowl shattered records to become the most-watched broadcast since the 1969 moon landing, drawing an average of 123.4 million viewers. Among many noteworthy moments, brands like Dunkin Donuts brought their A-game with brilliant, engaging commercials. In the end, Verizon took the lead as the most mentioned brand during the Super Bowl, with a commercial featuring Queen Beyonce that preempted her country music debut.

Super Bowl 2024

Industry Updates

Meta

  • Instagram continues to evolve with the introduction of new features.
    • "Flipside" is a feature that fosters private sharing among close circles — similar to Close Friends lists. This change aligns with the growing trend of private sharing, allowing users to opt for more intimate communities over public feeds.

    • Users now have more control over read receipts in DMs on an individual chat basis and the option to disable them entirely across all DMs.

    • A new capability is being tested with select users to add carousels within Reels, allowing multiple videos or still images in a single Reels post.

  • Facebook is slowly rolling out a new feature that allows users to utilize AI to generate captions for their posts and reels, offering brands the opportunity to leverage AI for generating content captions in instances of creative roadblocks.

  • Meta has begun testing cross-posting between Facebook and Threads, which will include only text and link posts, not video updates.

TikTok

  • A dispute over AI and compensation led Universal Music Group to pull its music from TikTok, affecting the availability of viral audio content from artists like Taylor Swift and Drake.

  • TikTok recently introduced a new feature enabling users to add the search page to their home screen. This offers users the option to search for TikTok content without needing to navigate to specific sections of the app and highlights that TikTok is a search engine of its own, with 64% of Gen Z users likely to use the app for search purposes.

  • TikTok is partnering with Adobe to enhance its AI-powered Create Assistant tool. Enabled through an app add-on, this collaboration lets users seamlessly integrate Adobe features into the TikTok app for the purposes of content creation.

LinkedIn

  • A new "Catch Up" tab is now available to help users stay updated on job opportunities and key updates within their networks. The platform's restructuring aims to facilitate engagement and interaction, offering prompts for direct messaging and likes. This feature will help users as they often have extensive networks but struggle to engage with connections regularly.

  • A Media Planning API has been implemented within the platform to provide agencies with data to assist in strategic campaign planning. Agency brands could utilize this feature to craft more effective campaigns by gathering more detailed user data points, including demographics, job roles, industries, and online behaviors.

Stay in the know

One thing is abundantly clear: the digital landscape is constantly in flux. With each week, new trends emerge, and the social media giants introduce innovative features that shape the way we connect, share, and engage with one another online.

Keeping a finger on the pulse of these changes is not just beneficial; it's essential. Whether you're a business looking to stay ahead of the competition or an individual navigating the social media universe, staying informed is the key to success.

The insights and updates we've covered this month provide a glimpse into the exciting journey ahead.

Stay tuned for more trends and industry news in the coming months. The world of social media is a never-ending adventure, and together, we'll continue to explore its uncharted territories.

Khoros Strategic Services

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