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> It's not fractions of a percent. It's massive increases Do you know a number on the difference between targeted and untargeted search (not display) ads? If
by username223 7y ago
> It's not fractions of a percent. It's massive increases
Do you know a number on the difference between targeted and untargeted search (not display) ads? If I search for "instant pot," I'm probably looking to buy an instant pot. How much does knowing my entire search and browsing history help the advertiser? I'm sure Google has these numbers, and equally sure they aren't sharing.
It looks like there may be big differences for display ads (2-3x?), but for search?
- manigandham 7y agoYes things are different with search ads. What you're describing is called "intent" and there's nothing more clear than what you query, although it can and does get boosted by history. I didn't think this discussion was limited to just search though.
- username223 7y agoThat's kind of what I thought: Google didn't have to turn to the dark side until it bought DoubleClick. Sure, they wouldn't have become one of the biggest companies in the world, but they could still have made plenty of money. If they had taken that course, I'd still be using their products.
- criddell 7y ago> It looks like there may be big differences for display ads (2-3x?), but for search? Keep in mind that display ads are wildly ineffective to begin with. Targeted ads may raise your click through rate from 0.2% to 0.6% but that isn't good enough to justify the massive privacy loss and use of bandwidth, server time, engineering talent, etc...
- username223 7y ago> engineering talent That's the saddest part. A lot of talented people could be working on important problems, but instead they're trying to make people click on ads a tenth of a percent more, so they will buy Crest slightly more often than Colgate. I guess it's no worse than going into finance: just another way for someone with talent and ambition to make a boatload of money while providing almost no value to society (and sometimes negative value). Still, one could hope that talented people would sacrifice a bit of lucre to do some good. The inventors of Arpanet don't have rocket companies, but I bet they're living comfortably.
- manigandham 7y agoNo value to society? Every single business uses marketing to grow, including the one that employs you if you have a job. How about the shareholders who benefited? That includes pensions, retirements, insurance and other funds that you have an interest in. And what about all the other stuff that you get for free, including the majority of the content on the internet? What about all the other services like Gmail and the technical projects that have been opensourced? What about all the people who got rich and went on to invest in or start their own companies? There's no "right" thing to work on. It's like asking why do we have astronauts in space [1] when there are problems here on earth. The truth is that it takes all kinds of people to make this world work and we're all better off if people get to do what they want to do, and hopefully it happens to be what they like doing too. 1. http://www.lettersofnote.com/2012/08/why-explore-space.html http://www.lettersofnote.com/2012/08/why-explore-space.html
- criddell 7y ago> And what about all the other stuff that you get for free It's only free if you think that the details of your life aren't worth anything (I specifically object to advertising targeted to individuals, I have no problem with ads similar to ones you find in a magazine or print newspaper). Without any discussion, ad companies asserted that they have the right to spy on users and track them in almost every area of their lives online and off. I think we are finally starting to push back in the other direction. Europe has GDPR and I think it's only a matter of time before we have something similar in the US. IMHO companies should only be allowed to collect and use information on individuals in ways that each individual decides to allow. > There's no "right" thing to work on. But there are plenty of wrong things to work on.
- NeedMoreTea 7y agoWell, I certainly wouldn't put adtech in the same league of significance as space exploration.
- manigandham 7y agoAnd plenty of people wouldn't find any significance in space exploration, or whatever your career is. Subjective judgements are pointless overall. All that matters is that we have the freedom to choose.
- manigandham 7y agoClickthrough rates don't matter and have been outdated for a decade. Econometric models showing return on ad spend is what makes the difference.