We're seeing a clear mix shift between advertising platforms specifically at a very high level. In the US you're talking about 65 to 70 billion dollars a year still spent on linear television but that bucket has been slowly dwindling down. Where those dollars are moving to is in digital digital being online platforms like meta and Google with search but also connected TV players like Roku. Traditional TV ad spend experienced a 9.4% year over year decline and traditional TV ad scatter was down by 17.2%.
If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com. Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.
This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by ARK Chief Futurist Brett Winton. Together they discuss the possibility of a Room Temperature Superconductor, what we are learning about ad spending from company earnings reports, and Sam Altman’s Worldcoin.
Key Points From This Episode:
- Intro
- Potential Super Conductor
- Ad Spending
- Worldcoin