Saved by Joe Maceda
Mark Zuckerberg just declared war on the entire advertising industry
Nilay Patel on the Ezra Klein podcast talking about whether AI will break the Internet:
Every social media platform right now is turning into a short form video home shopping network. Linkedin just added short form videos. Like, they're all headed towards the same place all the time because they all have the same pressures.
And what you see is those
... See moreWe are getting closer to a consumer-controlled world, and every company that spends money on advertising will be forced to find a new way to do business.
Bob Gilbreath • Rise of Subscriptions and the Fall of Advertising
MZ: I think at the end of the day, there’s going to be commerce, and I think commerce and ads are kind of closely related, because if there’s not any commerce, then there’s not much for people to advertise for. I think the first job that we need — well, I guess the first job is getting the foundational technology to work. Then after that, our next ... See more
Mark Zuckerberg • [FREE] An Interview with Mark Zuckerberg about the Metaverse
Zuckerberg: “We all hope that in the future the economy is one where everyone can pursue their interests and their creativity and can have jobs that are more exciting for them . . . Overall it's not like one model is going to work. It's not just like everyone is going to be able to make enough money off of an ads revenue share or something like tha... See more
Tobias Lutke • Mark Zuckerberg + Spotify & Shopify's CEOs discuss the Creator Economy on PressClub
The distribution channels that underpinned the rise of today’s Internet giants have dried up. Google, Facebook, and Amazon serve as a triopoly that dominates online advertising. The three accounted for 90% of US digital advertising in 2020, up from 80% in 2019. The arbitrage that once existed on these platforms has more or less disappeared and CPMs... See more