It is Thanksgiving this week, and it is customary to share what you’re thankful for. So here goes:
I am thankful that Joseph Jaffe and myself got it right when we predicted in late
2013 that the zero-paid media model (using the "marketing real estate" you control, including your social media) would become the winning marketing model. Not sure I am happy with the best-practice
case that President-elect Trump has gifted us with -- but in the end, I’d rather be right then wrong.
I am grateful for Russian hackers, as how else would we have discovered that my Nest
thermostat, Smart Keypad door locks and Samsung refrigerator are all potential security threats that can influence the outcome of an election. Plus, all email accounts are apparently hackable, so I am
thankful to know that I simply don’t have to worry about my passwords anymore and can continue using “password” as my universal password.
I am thankful for the industry I am
in, as it creates opportunities for people who are entrepreneurial and creative — but is equally open to people who want to defraud, scheme and steal. We have a choice in our equal-opportunity
industry to do it right or do it wrong, and I am grateful for that.
I am grateful that we now have real and fake news and that misinformation is no longer discriminated against and is now
treated equal to real information. Fake news is winning elections, and costing marketers real customers.
I am grateful that ill-informed consumers and (fake) news sites now help me determine
if my household’s brand of toilet paper or chewing gum is socialist, fascist, racist or Communist. I am grateful that the Apple and Android app stores and Amazon are now full of politically
motivated reviews based on these findings.
Choice is hard and I am grateful that the Internet, no matter how wrong, can help me to make (mis)informed choices. Besides, Mark Zuckerberg says 99%
of Facebook content is authentic, so it’s all good.
I am grateful that data is no longer the ivory tower it once was. Data is now proven to be wrong most of the time (election polls) or
full of mistakes (any Facebook measurement). And if you don’t like the data, there is some fake news out there that will prove the data plain wrong (global warming).
I am grateful that
there is an organization called the Online Trust Alliance. I had never heard of it, and don’t think it has had much success to date, judging by the crisis we face in the advertising and news
business. But we should be thankful we at least have an alliance with that name, and that it issued a report called “Vision for Trustworthy Advertising.” "It's almost like no one
wants to change anything because change could mean disenfranchising some business models," said Craig Spiezle, president of the Online Trust Alliance. "If publishers cannot monetize ads what does that
mean for the content we rely on?" This is where I want to scream “duuuuuuh” — but that does not help anybody.
Luckily we monetized the hell out of fake news, misinformed
consumers and did fraudulent ad placement before the Online Trust Alliance stepped up! And that is something I am sure many are grateful for this year, from our president-elect to Mark Zuckerberg to
all of these fake news sites. Happy Thanksgiving!