However, news of Meta’s impending demise would be awfully premature, as Sam reminds us.
For all our Schadenfreude at Meta losing several hundred billion (!) $$$ in market value – at present, their share price is down a cool 35% from the beginning of the year, suffering the ignominy to temporarily drop behind Nvidia on the list of largest US companies – the attention capitalist behemoths Alphabet, Amazon, and Meta now hold a share of 46% of global ad spend, as opposed to 33% pre-pandemic in figures released by the World Advertising Research Center (WARC).
And yes, that’s total as in everything, not just digital…
Big Dog, the Andrew formerly known as Prince (as per the cracking headline in the Irish Daily Star) and NoVaxx DjoCovid walk into a bar… Sadly, that’s not how we started our latest podcast on the uses and abuses of entitlement – oops, I meant data big and small in politics, business and public life.
Neville kicks us off our recording on Friday 14th by outlining the Politico perspective of possible scenarios regarding the future of Big Dog (although that label, uncovered by The Independent, wasn’t public knowledge by the time of our recording, what with events eventuating so fast and unpredictably these days).
The upshot: degrees of likelihood of survival pour Le Grand Chien.
Since recording, Operation Red Meat has been added as the tactical ops part to Operation SBD. You’d be forgiven for thinking this was the unedited plot of some third-rate D-Day / Nam / Iraq / Afghanistan war spoof script, when in fact it is the real-life UK government panto in all its glory. No it wasn’t a work event. Oh yes it was. Boo hiss Beeb. We don’t know yet what the Transformation Scene will bring, but Dishy Rishi and The Truss are leading contenders.