JERUSALEM and CHICAGO - Lightricks released the results of a US-based study conducted by YouGov, that reveals the latest trends among creators that continue to move the industry forward. Lightricks is a leading maker of advanced mobile photo and video editing tools including Facetune, Videoleap and Photoleap, and also the creator marketing platform Popular Pays. The Creator Economy: Navigating Brands, Technology, and Innovation report found that creators are increasingly using new tools like artificial intelligence (AI) and editing tools to produce high-quality content that engages with brands. The survey found that creators ultimately desire to focus on moving their content beyond just “influencing” to making content creation their full-time job and build the necessary relationships with brands to generate fair compensation for their creativity.
Key findings include:
- More than 50% of all respondents are in favor of using AI to enhance their content
- According to creators, 56% of brands are already specifically asking for AI generated content for their partnerships
- 55% think of themselves as a “creator”, while just 7% prefer the term “influencer”
- 39% of creators say that despite current economic conditions, they actually have landed more brand deals
"The power of generative AI will energize the Creator Economy, with AI-based tools and platforms accelerating a creator’s ability to unlock their full potential,” said Zeev Farbman, CEO and Co-Founder of Lightricks. “These new tools will streamline workflows, enhance skills, and create more effective money making opportunities. It’s a technological revolution that will not only change the way we create and consume content, but enable an entire new generation of entrepreneurs to thrive in the digital age.”
The report surveyed more than 1,000 current content creators (those monetizing their work) and aspiring content creators (those aspiring to monetize their work) to assess their thoughts, feelings and experiences around the creator economy and current trends among the industry including AI generative imaging tools, creator monetization and content creation tools.
Creators and AI
Lightricks was among the first companies to offer generative AI features for content creation using mobile technology. The survey found that 56% of brands are specifically asking for AI generated content for their partnerships, and 56% of respondents working with brands have been asked to use AI within the last two years.
Current creators already understand the potential of generative AI, with 92% of them saying they are familiar with the tools available to them right now, while only 66% of aspiring creators are aware of them. However, aspiring creators are the ones actually putting them to use, with 68% of them noting they are more likely to use AI tools, versus 62% of current creators.
Creators found that AI helped them produce stronger content for brands while able to keep their own unique style and voice, with 71% of creators saying that their followers responded positively to AI-generated content.
Not Just Influencers Anymore
The ability to tap into creativity while working on one’s own schedule AND the potential of adding revenue has driven a rise in the number of people wanting to become full-time creators. Based on our survey, 55% of respondents think of themselves as a “creator”, while just 7% prefer the term “influencer”.
More than 57% of creators say they don’t care as much about influencing people, they just want to create content, and 47% say that the term “creator” feels more authentic.
“In recent years people have gravitated toward “creator” versus “influencer” because it sounds more authentic, whereas “influencer” can diminish the effort needed to craft quality content,” said Corbett Drummey, Vice President, Brand Collaborations at Lightricks. “For many creators, it’s less about influencing their audience and more about resonating with their followers. Over time, the best creators build large, loyal audiences, which brands love to reach. Creators are also producing content for brands for channels other than their own. It’s important for creators to push their imagination with new tools and platforms, such as AI and other tech, which is reflected in the results of our survey.”
Standing Out in a Crowded Market
With the market for creative content becoming increasingly more competitive, both current and aspiring creators are finding ways to work with brands by leveraging their hobbies, mastering new tools and creating unique content that is more valuable to brands.
The use of AI and editing tools is growing within the creator community, and it is expected to continue to grow in the coming years. As more creators adopt these tools, the technology will become even more sophisticated and powerful, allowing creators to produce even more engaging and impactful content for brands.
The study found that creators contribute the most content to the travel and lifestyle categories, which matched internal Lightricks data about creators accessing the Popular Pays platform. Additionally, 55% of content creators report User-Generated Content (UGC) as their main source of income. This is content that they produce in the context of their daily lives, and brands can use as authentic representations of their products. While creators are leaning into their hobbies, brands can leverage platforms like Popular Pays to understand these trends in the space and how to engage with creators.
Creators and Compensation
Creators are not exempt from the effects of the current macroeconomic climate. Though creators are still thinking about content creation as a tool in their overall creative toolkit, 42% of them say even though they are not full-time creators right now, that is their ultimate goal. Many are still concerned about taking the leap into being a full-time creator, with 42% of creators saying that content creation makes up less than 25% of their monthly income.
However, there is light on the horizon for creators that are working with brands. 39% of creators say that despite current economic conditions, they have landed more brand deals, and 40% of creators say they’ve earned more from brand deals in the past year.
"The emergence of AI, more sophisticated tools, and increased creative economic opportunities signals a new era of unlimited possibilities,” said Farbman. “With innovative technologies and the boundless imagination of creators, the future is bright and full of potential for those who are willing to embrace it."
To access the full report, visit http://www.lightricks.com/creators-survey.
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