Chapter 3 - Methodology

Chapter 5 - Discussion

This episode closes the thesis by synthesizing the findings and explaining what they mean for the future of AI, both in advertising and beyond. It revisits the core themes and shows why modern production capital behaves differently than in past technological eras. The episode then looks ahead to emerging shifts (agentic AI, new models for content monetization) and ends with a clear takeaway: platform power is accelerating, but the outcome of the AI era is still shaped by human, institutional, and policy choices. Episode chapters: 00:00 Why Chapter 5 Is the Synthesis 01:09 Revisiting the Two Research Questions 01:54 Key Themes Revisited 02:47 Convergence of Capital Types 03:23 Appreciating Assets and AI Moats 04:33 When Platforms Risk Disrupting Themselves 06:55 The Agentic and Post-Screen Future 08:06 Content, Compensation, and Control 10:03 Why This AI Era Is Fundamentally Different 12:24 What This Means for Users, Policy, and Industry

Chapter 4 - Findings

This episode presents the core findings of the thesis, drawing on a large qualitative analysis to show how power concentrates in modern advertising technology. It explains how the results are organized across automation, user data, and inventory, and distills them into dominant themes, dependency and differentiation, that have reinforced platform dominance over time. The episode then connects these findings to future trajectories, answers the two research questions directly, and introduces three key theoretical extensions about how modern production capital becomes self-reinforcing, appreciating, and increasingly concentrated. Episode chapters: 00:00 Why Chapter 4 Is the Empirical Core 02:26 How the Findings Are Organized (Topics + Time Horizons) 06:17 The Dominant Theme: Dependency 07:31 Dependency Drivers: Concentration, Openness, Transparency 10:55 The Counterweight: Differentiation (Data Access + Resilience) 13:51 The Trajectories: Automation, User Data, and Inventory 19:06 How the Themes Move Together (Spearman Correlations) 22:17 Answering the Research Questions (RQ1 + RQ2) 25:39 Three Big Extensions and the Closing Tension

Chapter 3 - Methodology

This episode explains how the research is actually constructed and why the methodology matters. It walks through how the study anchors itself in long-term technological cycles, why it focuses on the modern deployment phase of the internet era, and how production capital drives lasting power in ad tech. It also positions Google, Meta, and Amazon as core examples, explains how automation, user data, and inventory structure the analysis, and introduces “follow the capital” as the guiding lens for interpreting results and projecting future outcomes. Episode chapters: 00:00 Why Methodology Matters for Understanding AI 01:10 What a Methodology Chapter Actually Does 02:13 Anchoring the Study in Long-Term Tech Cycles 03:13 Financial vs Production Capital Explained 04:19 Why the Study Focuses on the Deployment Period 05:17 Why Google, Meta, and Amazon Anchor the Study 05:36 The Three Engines: Automation, Data, and Inventory 06:19 Historical vs Contemporary Case Pairing 10:33 “Follow the Capital” as the Guiding Lens

Chapter 2 - Literature Review

This episode builds the theoretical foundation of the thesis by walking through key scholarly frameworks in order to better understand AI positioning both within advertising and across the broader economy. It also connects classic innovation theories to modern advertising practices, and explores competing perspectives across technological adoption, data collection, surveillance capitalism, and platform power, setting up the analytical tools used in the chapters that follow. Episode Chapters: 00:00 What is a Literature Review and Why it Matters 01:26 Carlota Perez and Long-Wave Technological Revolutions 02:43 Installation vs Deployment and the Role of Capital 04:03 AI as a General-Purpose Technology 05:17 Disruption, Diffusion, and Adoption in Ad Tech 07:15 Platforms, Data, and Surveillance Capitalism 09:04 Probabilistic Computing, Learning, and Opacity 10:25 Extending the Framework for the AI Era

Chapter 1 - Introduction

This episode sets up the big questions behind this doctoral thesis: how do waves of advertising innovation follow well-established scholarly theories about technological revolutions & financial capital, and what can this history can tell us about where AI is headed next? It lays out the historical backdrop, explains what makes AI different from earlier tech shifts, and makes the case for why advertising is an optimal industry to study these changes as they unfold. 00:00 What This Thesis Is Really About 01:14 Carlota Perez and Technological Revolutions 02:32 Is AI a Sixth Technological Revolution? 03:50 How AI Rewrites Competitive Economics 04:21 From Deterministic to Probabilistic Computing 06:16 Following the Capital: Why Data and Models Matter 07:46 Why Advertising Is the Ideal AI Case Study 09:23 Attention, Surveillance, and Algorithmic Identity 12:24 The Two Research Questions Going Forward