The Death of 'Taco Bot': A Cautionary Tale for AT&T, YouTube and the Advertising Business
The news that megabrands AT&T and Johnson & Johnson are the latest in a crush of global giants pulling out from YouTube over concerns about their ads appearing next to offensive content has, naturally, focused largely on the site's owner, Google. On the defensive, Google has promised an "extensive review." But how do you control a robot? The actions of one advertiser or vendor are the least of this, and its getting resolved seems about as likely as our making Bill Gates un-rich or Kim Kardashian un-famous. The larger issue around this mess is that it's yet one more defeat for the inexorable automation of business. And in particular, it is another black eye for programmatic advertising. The Times puts it pretty succinctly: "The issue highlights the continuing risks companies face with programmatic advertising, which sends advertisers' money through a complex web of agencies and third-party networks that resemble a stock exchange before ads...