The Weekly Reckoning by ADOTAT
The Trade Desk spent years pressuring publishers into adopting UID2 as the future of identity in advertising. Then one major publisher discovered it had been sending completely broken IDs into the system for three months without anyone noticing — not TTD, not the buyers, nobody. When they fixed it, revenue didn't change at all. Billions of dollars are moving through identity systems held together by vibes and dashboards. NBCUniversal is declaring streaming victory because a quarter containing the Super Bowl and the Olympics produced good numbers, which is the media equivalent of claiming you're a fast runner while standing on a moving sidewalk. Strip out the mega-events and growth drops to low single digits. Martin Sorrell wrapped another bad quarter in AI buzzwords while the stock got hammered and the real strategy — fewer humans, more software, same margins — became impossible to ignore. Pinterest posted over a billion in revenue while the internet fills with bots interacting with other bots and nobody wants to ask what percentage of that record engagement is human. Google decided Reddit commenters are experts now because AI systems have scraped everything else and are digging through comment sections for nutrients. And Threads is quietly becoming the corporate dashboard Meta always wanted — not cool, just stable enough that marketers will move budgets away from whatever Elon detonates next. Nothing is what it claims to be. The identity is broken. The growth is inflated. The AI is papering over the dysfunction. And billions flow through all of it every day. The Weekly Reckoning by ADOTAT.
17 episodios
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