AI Threatens Ad Industry 5/8/23
TechCheck
English - May 08, 2023 19:33 - 3 minutes - 3.35 MB - ★★★★★ - 51 ratingsTechnology Business Investing disruptors cnbc faang tech technology Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Block CFO & Dropbox CEO weigh in after earnings 5/5/23
Investors are trying to price in the downside stock impact of the AI boom, and advertising agencies like WPP, Omnicom Group and Publicis Groupe could be at risk. That’s after a report that Amazon is working on its own AI tools to generate photos and videos that could help it push more ad formats to smaller sellers. Analysts, meanwhile, are warning (and even putting together stock baskets) of other companies under threat.