I wrote a book. It’s called Yield: How Google Bought, Built, and Bullied Its Way to Advertising Dominance. I think you’ll like it. Let me tell you more 🧵
When talking about a Google/DoubleClick break-up, the ways the products come together can be extremely confusing. I created a diagram explaining the Google display advertising stack (with footnotes!):
The reason Meta is ultimately doomed isn’t VR adoption, Apple, or TikTok competition. It’s their brand, which is so tarnished they can never launch anything new.
But in general:
-The problem of concentration in media is caused by consumer choice.
-Paying consumers to change their behavior is IMHO not going to happen at scale.
-Decentralization is literally the last thing ad tech needs.
21/21.
In contrast, when you visit a newspaper website you are bombarded with poorly targeted garbage that makes the content hard to read, revs your CPU, and disrespects the user. That’s the decentralized, ad hoc ad tech stack. 18/21
The web3 promise to decentralize media distribution ignores the need to attract hundreds of millions of consumers based around a vague promise of freedom. The only benefit to a web3 media distribution is for content that is banned or restricted on the current platforms. 8/21
Based on my many years experience, I’ve developed 24 laws of ad tech product management. These are “laws”, meaning they are always true, everywhere. Thread...
The reason Facebook, YouTube, Twitter and others control distribution of media is because consumers LOVE these services. They are hard to build, expensive to maintain, and have strong network effects. 7/21