Eric Seufert@eric_seufertAll of this is a precursor to ads. The challenge of commerce is not, “how can I source product information into a feed?” It is: “How can I choose which among many competing products to source into a feed?” The mechanism that facilitates that is an auction.Opens with an observation
Eric Seufert@eric_seufertMeta to lease compute to Anthropic for $10BN over 2 years, or roughly 18% of Q1 ad revenue. Reminder that Meta’s ad revenue grew by 33% in Q1.Opens with a number