Join us Sept. 14-16 in Miami to connect with top publishing leaders
Michael Wolff, former Adweek editor and founder of Newser, isn’t very optimistic about Facebook, or the rest of the ad-supported Web for that matter. In a recent article he wrote for Technology Review entitled “The Facebook Fallacy,” Wolff warns that Facebook is not immune to the huge problem of the decreasing value of ads that the digital media industry is facing and that Facebook is going to go down:
But that’s what Facebook is doing, selling individual ads. From a revenue perspective, it’s an ad-sales business, not a technology company. To meet expectations—the expectations that took it public at $100 billion, the ever-more-vigilant expectations needed to sustain it at that price—it has to sell at near hyperspeed.The growth of its user base and its ever-expanding page views means an almost infinite inventory to sell. But the expanding supply, together with an equivocal demand, means ever-lowering costs. The math is sickeningly inevitable. Absent an earth-shaking idea, Facebook will look forward to slowing or declining growth in a tapped-out market, and ever-falling ad rates, both on the Web and (especially) in mobile. Facebook isn’t Google; it’s Yahoo or AOL.
Do you agree that the Facebook crash, and the fall of the rest of the Web will come? Read the full article here.
More in Media
How 11 retail media networks are trying to differentiate themselves to advertisers
With the launch of myriad retail media networks, these new divisions of various consumer-facing companies are now fighting for ad dollars.
WTF is a ghost creator?
Some companies are hiring creators not for their audience, but as a mouthpiece for a very specific brief. Think execution, not creativity. This is the ghost creator.
What’s in and out for creators heading into Q4
A look at the creator economy trends heading in to Q4 2026, from clipping to creators in the C-suite, diversification and regulation.