Unwanted Ads: How Apple is using Google Ad Slots to take money from developers.
https://www.forbes.com/sites/johnkoetsier/2021/11/12/apple-quietly-buying-ads-via-google-for-high-value-subscription-apps-to-capture-app-publisher-revenue/?sh=30c325341b52 Buying ad slots for other companies seems nonsensical, so why is Apple buying Google ad slots for apps like Tinder, HBO, and Amazon? Apple takes a percentage of all the revenue from apps in in its app store, 30% in an app’s first year and 15% from then on. Even though Apple is […]
Fashion, Social Media, and Network Effects
Before the rise of the Internet, “good” fashion was more limited to the upper echelons of society, which trickled down to the masses. But with the help of the Internet and the fast fashion industry, fashion trends are becoming more egalitarian. Fashion blogs, videos, and content have strengthened network effects within the fashion industry, placing […]
Good intentions at Glasgow must grapple with the Greta Dilemma (Kaushik Basu)
The world clearly faces its biggest challenge: climate change. With the recent CoP26 in Glasgow, we saw many politicians and diplomats pledge money and effort into promising a carbon-neutral economy. The article lays down some of the most important such efforts: European Green Deal (EU Carbon neutral by 2050), America’s 11.4 billion dollar per year […]
Looking at Confirmation bias in the lens of information cascade
As we slowly move away from the trend of mass production, where all goods are alike, the market searches for a more nuanced, individual-specific services. In the context of such a shift and growing accuracy for user specification algorithm that selectively chooses content that we may like, agree, or enjoy, social media has become a […]