Chapter
The Future of Advertising
42:12 - 49:05 (06:53)
The annoyance caused by advertising has surpassed the information it provides, and society's changing behavior might lead to control being taken away from people, thereby reducing automated advertising. Transparency in consumer-creator relationships should be the primary goal of advertising.
Clips
The current advertising model annoys more people than it provides information, and as a result, companies like Google will need to figure out a way to reduce advertising while still maintaining profits from producer and consumer value.
42:12 - 43:51 (01:39)
Summary
The current advertising model annoys more people than it provides information, and as a result, companies like Google will need to figure out a way to reduce advertising while still maintaining profits from producer and consumer value. A new model is needed to reduce the level of annoyance associated with advertising and to provide more value to consumers.
ChapterThe Future of Advertising
Episode#74 – Michael I. Jordan: Machine Learning, Recommender Systems, and the Future of AI
PodcastLex Fridman Podcast
The best kind of advertisement is a direct connection between the consumer and the producer, such as Facebook being able to automatically start giving offers based on conversations.
43:51 - 45:44 (01:53)
Summary
The best kind of advertisement is a direct connection between the consumer and the producer, such as Facebook being able to automatically start giving offers based on conversations. However, Facebook's ranking in terms of trustworthiness is currently low.
ChapterThe Future of Advertising
Episode#74 – Michael I. Jordan: Machine Learning, Recommender Systems, and the Future of AI
PodcastLex Fridman Podcast
The speaker expresses concerns about the lack of transparency in human society and the overuse of personal information by companies, especially social media platforms like Facebook, highlighting the need for people to trust organizations and their use of personal information.
45:44 - 47:27 (01:42)
Summary
The speaker expresses concerns about the lack of transparency in human society and the overuse of personal information by companies, especially social media platforms like Facebook, highlighting the need for people to trust organizations and their use of personal information.
ChapterThe Future of Advertising
Episode#74 – Michael I. Jordan: Machine Learning, Recommender Systems, and the Future of AI
PodcastLex Fridman Podcast
The debate over who has control over users' personal information continues as Facebook introduces an AI tool that curates what appears on their timeline.
47:27 - 49:05 (01:38)
Summary
The debate over who has control over users' personal information continues as Facebook introduces an AI tool that curates what appears on their timeline. Users are frustrated with the lack of control and the invasion of their privacy for the benefit of targeted advertising.