Earlier quoted context omitted.
The issue though is the complete lack of transparency with the major online ad networks. We're relying on the fox to guard the hen house. They get paid whether the click is valid or not. I don't think we should reasonably expect the Google's and Facebook's of the ad world to spend money preventing fraud when that generates less profit overall. Until we start regulating the industry, no ad company is going to spend mo…
Almost all bidding on FB is oCPM and Google is tCPM, which means that clicks don't really matter at all in terms of Google/FB's ability to monetize. Transparency shouldn't matter for people bidding for conversions. The only transparency you need is to know where the visitors are coming from. If anything fraud (really misclicks for FB and Google search since there is no fraud incentive) is also bad for them as well as…
What? They get paid for the clicks, not the impressions. Serving ad impressions costs money, the clicks make money. I don't quite follow your line of reasoning here.
>Transparency shouldn't matter for people bidding for conversions
Why wouldn't it? How do we know the bidding process is fair and the clicks we're paying for are valid? We don't and that's the problem. We wouldn't tolerate this type of behavior from companies in other industries. We need to quit giving tech companies a free pass and start holding them accountable.
>If anything fraud (really misclicks for FB and Google search since there is no fraud incentive) is also bad for them as well as it provides false signal of intent to their algorithms.
It only has to be good enough to convince people to keep using it. There's no financial incentive to eliminate fraud completely, or even try, without regulation.