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AI Twins Reveal Customer Insights

New York Times Business •
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Simile, a burgeoning startup, is revolutionizing market research by employing millions of AI-generated "consumer twins" to gauge customer sentiment. This innovative approach bypasses traditional surveys, offering companies direct, unbiased feedback. The company, founded by Dov Seidman, aims to provide a more accurate and scalable method for understanding consumer behavior.

Instead of querying actual customers, Simile's AI twins are trained on vast datasets of real consumer behavior, purchasing habits, and online interactions. These digital personas then participate in simulated market research scenarios, providing insights that reflect the collective consciousness of target demographics. This method allows for rapid data collection and analysis, identifying trends and preferences with remarkable speed.

This technology offers a significant advantage for businesses seeking to understand their market. It's particularly useful for testing new products, refining marketing strategies, or identifying unmet needs. Simile's platform promises to deliver insights that are not only faster but also more representative than traditional methods, potentially saving companies millions in research costs and improving product-market fit. The company has already seen significant interest from major brands looking to leverage this $20 million funded approach.