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by reggieband
1966 days ago
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> THIS is the best you can do with teams of engineers making > $200k/year throwing AI at everything? Maybe it is the best we can currently do and maybe it isn't objectively great. But the real question: is it better? I mean, better than the random shotgun approach that was TV, magazines, bus wraps, billboards, etc. Is it better than the spam flyers or "yellow pages" the post office delivered to every single household in some geographic area? Rather than compare to some idealized perfect, we should compare to the practical alternatives. Maybe this is legitimately the best we can currently do given the state of AI and machine learning. If that is the case, the right question for both advertisers and consumers is whether or not it beats the available alternatives. Because if it does, and advertisers seem to think it does, then that explains why Google and Facebook are worth what they are worth and how they can afford to pay what they pay. |
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Ads like this are very common for me - a purchase that I would consider to be a one-off thing (at least, for several years, whatever the standard lifetime of that product is) just leads to more ads for different models of that same thing. Occasionally, accessories that only go to a different model or brand of that thing.
I don't see how this is any better than the random shotgun approach - these ads that are 100% irrelevant and not going to lead to a purchase are taking up space that ads that are possibly < 100% irrelevant (even if completely random) could be occupying.
It seems like this would be a solvable problem for Amazon - aggregate the data of everyone who has purchased X model of rowing machine and see how many of them purchased a second rowing machine, which brand it was, and how long after purchasing #1 they bought #2. Don't show ads for rowing machines to people who have purchased X until time is >= avgTimeBetween1And2, with some fancy statistics in there somewhere.
Clearly I'm missing something in my logic, because plenty of people a lot smarter than me work on this adtech stuff.