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Minda Smiley

๐Ÿ‘ค Speaker
114 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

Yeah, I mean, I don't think we're going to see any big changes happen overnight, right?

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

I think I'm going to draw a parallel to TikTok here.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

You know, whenever we saw a lot of uncertainty around the ban and we didn't know exactly what was going to happen to the app in the U.S.,

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

we actually didn't really see a lot of advertiser pullback or even user pullback.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

So that's all to say that I think in these moments that are very headline grabbing and whatnot, even though they are big news, it doesn't necessarily mean that we're actually seeing marketers pull back quite yet, users pull back quite yet.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

Now, that's not to say that in the long run that won't change.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

I think ultimately, as Kurt was saying,

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

If we do see these products or these apps and these platforms significantly change in terms of how people can use them, what features are on them, then yes, that's the moment I think we would definitely see a larger pullback from marketers and users.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

Yeah, it's a great question.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

I mean, obviously, in this exact case, like you said, it was just meta and YouTube.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

But this is just the very beginning.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

And I think ultimately, we could see a world where, yeah, all of the major social networks, Snapchat, Instagram, Facebook, all the ones that continually come up in these conversations could be implicated.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

Yeah, it's a great question to me.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

That's something I've been talking about a lot lately is that none of this is happening in a silo.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

I mean, these verdicts are landmark cases for sure, but we are seeing just generally social behaviors evolve and shift as they always do.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

I mean, we are seeing time spent on social media in the U.S.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

kind of hit a wall.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

To be clear, people still spend incredible amounts of time on these platforms, which is why these cases are happening in the first place.

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

But we are kind of seeing that major growth that's been happening for

Bloomberg Tech
Jury Finds Meta, Google Liable for Addiction

for years now, is starting to hit a wall.

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