We have a view most marketers don't, thanks to the thousands of advertisers and hundreds of thousands of campaigns across the open web. Here’s what our SVP of Strategy & Corporate Marketing, Tom Inbal, is seeing: CPA variance across our network shrank by around 50% (based on a simplified but telling curve).
AI has raised the floor and compressed the ceiling at the same time. He calls it alpha decay, and understanding it is the first step to beating it.