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AdTech Sucks

lockwood.dev

41–50 of 158 posts

Re: AdTech Sucks

#41
post #32

Earlier quoted context omitted.

Selling personal data without permission is illegal without GDPR.

And made legal by some very fine print buried in the ToS.

Yes, AFAIK GDPR makes it that you have to also opt into your data being shared/sold besides the ToS.

Re: AdTech Sucks

#42
post #7

Earlier quoted context omitted.

Thank you for sharing your perspective and authoring the article. Is there growing sentiment like yours amongst colleagues and peers in ad tech?

I'm not sure since I've been out for a couple years, but at the time I'd often have conversations with marketers where I'd come away wondering how they could be so oblivious to the ethical concerns in what they were asking for. I do think as time goes on, more and more people are becoming aware of the issues, but I see that uniformly across society rather than in tech.

> I'd come away wondering how they could be so oblivious to the ethical concerns in what they were asking for

Like Upton Sinclair said, "It is difficult to get a man to understand something, when his salary depends on his not understanding it."

Re: AdTech Sucks

#43
post #13

Ironically that url is being blocked by Ublock Origin on my phone.

I do not experience this -- sounds like a false positive. I tried enabling various filter lists to see if I could reproduce and I can't. What reason uBO is giving you for blocking the page?

Re: AdTech Sucks

#44

Is there a "pull" rather push aspect to advertisement? Sort of a trade-show equivalent of digital advertisement? Issues with pushing ads down my throat are as follows: 1. I don't want to buy another Sony XM3 headphones. I just fucking bought them and I am seeing more ads of the same thing. 2. Even if I saw ads for relevant accessories, say, I bought an iPhone and I am seeing ads for phone cases; I don't want to see t…

The only thing I know of that somewhat resembles what you describe is https://thewirecutter.com/

Re: AdTech Sucks

#45

Is there a "pull" rather push aspect to advertisement? Sort of a trade-show equivalent of digital advertisement? Issues with pushing ads down my throat are as follows: 1. I don't want to buy another Sony XM3 headphones. I just fucking bought them and I am seeing more ads of the same thing. 2. Even if I saw ads for relevant accessories, say, I bought an iPhone and I am seeing ads for phone cases; I don't want to see t…

> However, when I am searching for a pressure cooker, it would be great to go to a centralized repository of ads and look through who markets this sort of thing the best and may be have some objective reviews along with it.

The Wirecutter used to be pretty good for this, until the NYT bought it. It's still OK now, but it feels like that the pool of products being reviewed in each category is smaller than it once was. The whole site is basically a giant ad/referral scheme, but as long as you're aware of that then it's not bad as a starting point for research.

I used to just do a search on Amazon and start from there. Now it's 1 or 2 big brands followed by 20 pages of the same identical Chinese clone product with names like "Wootoo" and "Yungoo".

Re: AdTech Sucks

#46
> Why, oh why, would a company built on ad revenue want to reduce ad spend? > These companies are perfectly positioned to make ads more efficient - and they have absolutely no reason to do so.

The question is not really asking about reducing ad spend, it's asking about reducing advertiser costs per outcome. It's pretty obvious that if you decrease costs per outcome, return on ad spend will rise, and advertisers will spend more. In fact, more advertisers will want to get in on the game (as costs decrease, ads become profitable for more and more advertisers), and this pushes costs up. This eventually creates an equilibrium, but even at that point, it is still the case that decreasing costs increases revenues for ad networks.

Attribution is a really, really hard problem. Ideally you want to do a Lift test, and ideally you want to do it across all your ad spend channels. To do this, you still need the attribution mechanisms ("tracking" in the article).

So I don't find the article coherent. It points out deficiencies in the system (which there are many), it falsely claims that big players have no incentive to improve, and it makes it sounds like all these advertisers are just burning their money. It makes it sound like pervasive tracking is a problem, which it might be for other reasons (privacy, unintended consequences), but certainly is not making ad tech worse.

Re: AdTech Sucks

#47

> Imagine you’re a marketing-degree graduate in middle management. If you’re lucky, you may have done some statistics courses. In your day-to-day, you likely don’t apply these to a great amount. You hear about this great thing called “Machine Learning” which is sweeping marketing departments. You might have read a white paper or two about it, heard about it at a conference, or been schmoozed by someone from IBM tryin…

Thanks for your kind words! :)

I worked at a Telecom for most of my time in AdTech so I think I might have had a close encounter with some particularly high overcollection of data there.

Re: AdTech Sucks

#48

Earlier quoted context omitted.

Selling personal data without permission is illegal without GDPR.

Please explain.

AFAIK GDPR makes a slight difference because it requires opt in for data sharing.

But I'd argue it is very hard, if not possible, to know if a company has shared your data.

The damage of regulations like this may be greater than the benefit.

We will see how the weak European innovation will take these changes.

I say weak innovation bc VC money is not flowing there as it does in US.

Re: AdTech Sucks

#49

Is there a "pull" rather push aspect to advertisement? Sort of a trade-show equivalent of digital advertisement? Issues with pushing ads down my throat are as follows: 1. I don't want to buy another Sony XM3 headphones. I just fucking bought them and I am seeing more ads of the same thing. 2. Even if I saw ads for relevant accessories, say, I bought an iPhone and I am seeing ads for phone cases; I don't want to see t…

One thing you might want to think about: What role do the businesses that benefit from advertising revenue play. You're looking at advertising from the perspective of advertisers pushing themselves into your life, but have you asked yourself how they got that billboard onto the football stadium, that video in front of your favorite show, that page in your newspaper (whether digital or print).

> Fuck advertisement. It is the worst thing modern society is plagued with.

Advertisement is literally as old as civilization.

Re: AdTech Sucks

#50

From the article - "If you’ve been on the internet for any amount of time, you’ve probably seen very poorly targeted advertising. In my experience, I see a lot of car ads. I don’t own a car". One can argue that advertising cars to person without one make some sense. At least it's better then advertising vacuum cleaners to person who bought one on amazon 1 week ago.

Consumer behavior is not always intuitive.

Even with vacuum cleaners, you're a magnitude more likely to purchase one again if you've purchased one in the past. From there it's just a math equation for a vacuum seller involving their cost per acquisition and re-targeting spend.

People credit adtech for knowing everything about them, but it's really not as smart or all-knowing as some give it credit for.

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