It has always boggled my mind that you're even allowed to publish ads targeting other companies brand names as keywords without being the verified owner of that company. But I understand Google here. It's probably their single biggest income stream. Our company is using a very big chunk of our ad words budget targeting our own brand name to make sure it's on top. More than for any other keyword by far. And I imagine…
It gives newer, or less well-known, companies a chance to gain exposure. And consumers like me might learn about a superior option they didn’t know previously.
Edit: Thought experiment. Over in the Figma thread there’s a lot of talk about trying to ween themselves and others off Adobe products. So is it really a negative for the industry and consumers if Figma shows ads on searches for Photoshop?