The podcast discusses the ad tech industry's response to the death of third-party cookies, including the stages of grief. It also covers key takeaways from the FTC's AI tech summit, emerging trends in digital marketing, data privacy, harm caused by social media, the shift to CTV advertising, and competition concerns in the generative AI space.
The ad tech industry is entering the bargaining stage after going through denial and anger over the death of third-party cookies.
The FTC's AI Summit highlighted concerns about the consolidation of power and resources in generative AI, emphasizing the need for fair competition and addressing privacy and consumer protection.
Deep dives
Key Changes in Digital Marketing and Media in 2024
Key changes in the digital marketing and media landscape in 2024 include the implementation of Google's third-party cookie deprecation plan and the rise of third-party cookie alternatives. The industry is also experiencing the transformative impact of generative AI on platforms and publishers. Regulators are taking action against the ad industry's use of consumer data, and advertisers are navigating strategies for emerging media channels while established channels undergo revision.
Insights from the IAB's Annual Leadership Meeting
The IAB's annual leadership meeting provided insights into emerging trends for 2024. Key topics discussed included the imminent end of third-party cookies and increased focus on data privacy and law. Retail media and connected TV were also highlighted as important areas in the industry. The industry is moving beyond denial and anger about these changes, focusing on finding solutions and adapting to the new reality.
FTC's AI Summit and Concerns
The FTC's AI Summit emphasized the importance of ensuring fair competition and preventing the consolidation of power and resources in generative AI. The FTC is investigating investments and partnerships between large generative AI companies and cloud service providers. Concerns were raised about the dominance of big tech companies in cloud computing and the stifling of competition. Open sourcing AI models and promoting transparency were seen as potential remedies to address competition and access concerns.
FTC's Focus on Harms and Publishers in the AI Space
The FTC expressed concerns about the potential harms caused by generative AI in various industries. These include consumer applications like healthcare and criminal justice, as well as concerns about the concentration of power and data access in big tech companies. Publishers also face challenges with the dominance of larger players and limited bargaining power. The FTC's focus is on tackling these issues, promoting competition, and addressing privacy and consumer protection.
After going through denial and anger over the death of third-party cookies, the ad tech industry enters the bargaining stage. Plus, top takeaways from the FTC's first-ever AI tech summit.
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