#2 - Google's New Privacy-First Approach to Advertising - haha
This week was coined by a many articles around Google - namely their announcement to seek the course towards "a more privacy-first web." This also means stop selling ads based on your specific web browsing.
WOW you might think! How can that be real, given that everybody knows that's Google's business model? π°π°π°
Don't be fooled! π₯
Third-party cookies have empowered the advertising-surveillance world as we know it on the web - I'm glad these small shadowy cookies will vanish.
There's simply no way for Google to ignore this and all the other movements in this space (like from Apple). Hence, Google should better be at the forefront to secure their home turf. And they are! π―
Google's likely most promising approach is Federated Learning of Cohorts (FloC). Instead of a 1:1 basis, your behavior / browsing behaviour / etc. will be assigned to a Cohort. That's a small and homogenous group of like-minded profiles.
What sounds like an improvement in the beginning, is more a farce to me. While not depending on cookies, it would still preserve the mass surveillance on the web by offering every participating website a: "look this is exactly what I did in the past weeks, so pleased to meet!" π€
Imagine in the offline world, every restaurant you enter knows entirely what you like to eat and drink at the moment you enter the door. Plus, of course, that information is sold to whoever bids enough.
It would be better to really re-think the way users give their information to other parties based on true value. #privacy-by-design
There are also several privacy drawbacks and misuses that could arise from FloC, such as the ability to misuse the fact that cohorts are theoretically anonymous but still tiny ("few thousand users"). I'll spare you the details π€
However, this is also problematic because smaller AdTech players will likely try to use this for their advantage, since they'd be pushed out of the market further and further with Google's revamp of the AdTech space.
As a small side note: It would also help Google against Facebook in their advertising battle since Facebook is even more dependent on their intrusive tracking across the web and their social graph.
While many of us earn our money in digital, and that comes with digital advertising, there's a better way than mass-tracking down everyone. Re-think your strategy π‘
I hope you enjoy this issue of my little newsletter. If you want to help me on my mission, feel free to forward this email to colleagues or friends who also work in data or digital, so that they can learn or benefit as well.
Have a great week and talk soon,
Chris
βοΈ My new content arrived
This is where you will find my own Know What's Next content.
Uploaded my second-ever YouTube video this week: Part 2 of the 10 BIG mistakes companies do over and over again when they run data projects.
π― Top picks from the web
Articles, posts, videos and other picks that have amazed me during the week.
ποΈ Enjoy this newsletter?
Forward to a friend and let them know where they can subscribe (hint: it's here).
Wanna get featured? Send me a message at chris@chrislubasch.com
Not yet connected? Follow me on LinkedIn and check out my YouTube channel.