Facebook managers trash their own ad targeting in unsealed remarks
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Re: Facebook managers trash their own ad targeting in unsealed remarks
#2Re: Facebook managers trash their own ad targeting in unsealed remarks
#3Not to saying the ad network isn’t valueable (it is and the largest tech companies are ad networks), but that the numbers are juiced shouldn’t be surprising. It’s in every decision makers interest that it is.
Re: Facebook managers trash their own ad targeting in unsealed remarks
#4They target me about as well as a celebrity pitch.
Re: Facebook managers trash their own ad targeting in unsealed remarks
#5The reason we think we're in an "AI" boom is 90% these ad. companies hyping their own abilities (an identical strategy to that of the initial boom in the 50s).
What we call "AI" today is just an associative house of cards which gives the illusion of depth when seen from a very narrow viewing angle.
Re: Facebook managers trash their own ad targeting in unsealed remarks
#6Re: Facebook managers trash their own ad targeting in unsealed remarks
#7Re: Facebook managers trash their own ad targeting in unsealed remarks
#8The quoted e-mail is from 2016, and includes questions like this:
> That manager proceeded to suggest further examination of top targeting criteria to “see if we are giving advertiser [sic] false hope.”
You'd think that if they concluded that they were giving advertisers false hope, the lawyers would have simply quoted that discussion, rather than an earlier discussion where a manager was asking for further investigation to make sure they weren't giving advertisers false hope. That is, doing their job to check that the ad targeting was proper.
The originators of the lawsuit are angry that their ads were shown to people who didn't have college degrees and did not make over $250,000 per year:
> Investor Village said in court filings that it decided to buy narrowly targeted Facebook ads because it hoped to reach “highly compensated and educated investors” but “had limited resources to spend on advertising.” But nearly 40 percent of the people who saw Investor Village’s ad either lacked a college degree, did not make $250,000 per year, or both, the company claims. In fact, not a single Facebook user it surveyed met all the targeting criteria it had set for Facebook ads, it says.
It's not clear if Facebook explicitly knew at the time that the ad targets didn't meet the criteria, or if Facebook's targeting data was simply incorrect for those who were targeted. Again, if they had evidence that Facebook was deliberately showing ads to people who they knew didn't meet the criteria, you'd think the lawyers would have led with that evidence instead of digging deep into old e-mails where managers proposed investigating the ad performance.
I know Facebook is the quintessential evil tech company in the 2020 zeitgeist, but it looks to me that these lawyers are trying to use that to their advantage to win a court case, not that they've stumbled upon some smoking gun.
Re: Facebook managers trash their own ad targeting in unsealed remarks
#9So why haven’t we run out of suckers yet if this stuff is really that bad? If businesses weren’t seeing the ROI, you’d think they’d see that. So either, as bad as it is, it’s still worth it, or they aren’t able to measure ROI properly (a distant third: they are able to, and still do it?)
I’d love to hear from someone with first hand experience.
Re: Facebook managers trash their own ad targeting in unsealed remarks
#10(of course if actual fraud took place fb should give back the money they collected)