Writing & Press

Writing & appearances.

Notes from the field across 30 venues. Programmatic, privacy, contextual, AI, agentic advertising, GTM strategy, and the occasional detour into books and the meaning of work.

Explore the Orrery → The interactive orbital map — every essay by topic, route, or full archive.
185 written pieces, set as the lines of a pilcrow A large paragraph mark drawn with one hairline per written piece, one band per year from 2014 at the foot to 2026 at the top: 2014: 0, 2015: 3, 2016: 2, 2017: 1, 2018: 3, 2019: 0, 2020: 3, 2021: 2, 2022: 2, 2023: 15, 2024: 49, 2025: 27, 2026: 78. The early years leave it nearly empty; the recent years fill it in. 20140 202315 202449 202527 202678 so far One hairline per written piece, set by the year it appeared.
Most commercially useful reads

Read this if you're considering scoping work.

Seven essays, each cross-linked to the advisory surface it most informs. About an hour total — the operator view in one pass, before the broader topic hubs below.

  1. 01

    Unlocking the US Market

    The state of US market entry for international AdTech / MarTech / data vendors — what stalls, what compounds.

    Used in Market Entry Audit

  2. 02

    How clean rooms will power the future of digital marketing in 2025?

    Clean rooms as a commercial operating motion, not a platform purchase. Reads against most "clean room strategy" decks.

    Used in Enterprise Data Collaboration

  3. 03

    The Missing Link in Ad Tech: How UCP & AdCP Are Finally Unifying the "Alphabet Soup"

    The map of agentic-advertising protocols and what changes when buyer + seller agents transact directly.

    Used in AdCP Signals Adaptor

  4. 04

    From Meridian to NNN: How Transformers Are Redefining Marketing Mix Modeling

    How transformer-based MMM changes what "measurement" actually buys post-cookie.

    Used in Attention playbook

  5. 05

    Relevance Realization: The Cognitive Science of Attention in the Age of AGI and Advertising

    The cognitive-science argument underneath EARO — why attention-only measurement doesn't survive the agentic transition.

    Used in EARO framework

  6. 06

    Stop reading about "The Agentic Future"...

    A short operator essay on what to actually do this quarter instead of reading another agentic-future think piece.

    Used in Advisory Retainer

  7. 07

    From #OpenToWork to #Hiring

    On hiring, role design, and how operating models break when commercial hires precede the system.

    Used in Org Design playbook

Start here

7 curated reading paths.

Where to start

Series 8 multi-part runs — show table — 33 essays, each series in reading order

Friday Poll — Season 2: After Permission

Where advantage, money, and power move once agents can act

  1. 1 The Mandate Finished Last
  2. 2 The Shelf You Can Restock
  3. 3 Nobody Sells an Outcome
  4. 4 Negotiating the Nouns
  5. 5 The Risk Residue
  6. 6 The Evidence Premium
  7. 7 The Record Is Not the Relationship
  8. 8 Where the Surplus Settles

Friday Poll — Season 1

From standards to the standard that matters

  1. 1 Do We Still Need Standards When Machines Understand Context?
  2. 2 The First AI-Native Fraud Isn't a Fake — It's Laundered Authority
  3. 3 Recommendation or Decision? The Veto That Doesn't Scale
  4. 4 What Agents Can't Manufacture
  5. 5 The Metric That Was Never About You
  6. 6 Whoever Writes the Constraints Owns the Outcome
  7. 7 Business Outcomes Isn't a Number
  8. 8 The One Standard That Clears the Deal
  9. 9 The Answerer of Record

Post-Agentic Marketing

A four-part 2026 argument that the campaign is giving way to the action space, and the CMO job moves from executing campaigns to designing the constraints agents act inside.

The later of the two four-parters. A separate argument from the 2025 series below, not a rewrite of it.

  1. 1 The Campaign Is Dying. The Action Space Is the New Marketing Operating System.
  2. 2 The Customer's Agent Arrived First
  3. 3 When the Buyer's Agent Meets the Seller's Agent
  4. 4 The CMO Owns the Action Space

The Underwriting Line running

Five essays on who carries the risk when an outcome misses. Nobody sells an outcome without one; the open web is uninsured because it can define, measure and settle a result yet nobody pays when it slips; the missing clause is priceable, and someone buys it. Then what the residue costs, and what evidence is worth at the point of sale.

  1. 1 Nobody Sells an Outcome
  2. 2 The Open Web Isn't Dead. It's Uninsured.
  3. 3 The Risk You Can Price
  4. 4 The Risk Residue
  5. 5 The Evidence Premium

Not a Number

Two headline metrics that look like measurements and are not: iROAS, which flips sign on methodology alone, and business outcomes, which are judged after the fact rather than watched in real time.

  1. 1 iROAS Is Not a Number, It's a Negotiation
  2. 2 Business Outcomes Isn't a Number

Measurement, on Whose Terms running

Three counterparties setting the terms measurement happens on: the browser writing the constraints, the agent that never clicks, and the street that has published its methodology since 1933.

  1. 1 Measurement, on the Browser's Terms
  2. 2 Measurement for Agentic Commerce
  3. 3 Measurement, on the Street's Terms

The Economies running

The two named economies: the context economy, where permission is a relevance signal rather than a compliance tax, and the intelligence economy, where the answer itself carries a rate card.

  1. 1 The Context Economy Has a Governance Problem
  2. 2 The Intelligence Economy

The Agentic Transformation of Digital Advertising

The four-part November to December 2025 series on advertising moving from tools that execute to systems that decide, and the human role that survives it.

The earlier of the two four-parters, first published on LinkedIn. Later essays still cite Parts 3 and 4, so it is not superseded by the 2026 series.

  1. 1 Four Article Series: The Agentic Transformation of Digital Advertising
  2. 2 Part 2: The Death of the Quarterly Campaign Planning Cycle
  3. 3 Part 3: The 100-Millisecond Battlefield Where AI Makes or Breaks Campaigns
  4. 4 Part 4: Why Your Campaign Reports Are Already Obsolete
Topics Topics across 242 entries — show index — click any topic to filter ↓
Search & list

The archive.

242 entries · newest first

2026

83 entries
  • Research paper

    Who Does the Shopping?

    A public-source research paper on agentic commerce: which shopping tasks have moved to software and under whose authority, across twelve documented buying routes and the ACP, UCP and AP2 specifications, with a sandbox study, a survey comparison, an organic-reporting map and a merchant contribution worksheet. Includes an external critical review adjudicated finding by finding. Published on-site rather than through an outlet.

    Read the paper

  • Research paper

    What Can Leave the Room?

    A public-source research paper on data collaboration: what nine clean-room and data-sharing products document a buyer may receive, retain, reuse and rebuild, where delivery and deletion proof stops, which agent routes are generally available, and thirteen acceptance tests to run before signing. Includes the corrections validation made to its starting dossier and to this site's own platform guides. Published on-site rather than through an outlet.

    Read the paper

  • AdExchanger

    Who Eats The Spending Gap When Agentic Spend Outpaces Proof Of Impact?

    AdExchanger Data-Driven Thinking. An AI agent can stay inside its budget and still spend too much, because the evidence arrives after the money is committed: the proof gap. A risk budget limits what may ride on an untested change, a contract assigns a defined loss to a counterparty, and a funded balance sheet has to back the promise to pay. The fourth piece in the series on signals, measurement and authority.

  • Research paper

    The Evolution of Holding Companies

    A public-source research paper on the evolution of advertising holding companies: how buying scale, shared workflows and principal media sit side by side, what the record shows for Publicis, WPP, Omnicom and IPG, Dentsu, Havas and Stagwell, and three conditional paths — brand-controlled, agency-led and platform-dominated — for running marketing work as software takes on more of it. Published on-site rather than through an outlet.

    Read the paper

  • Research paper

    Paying Attention

    Paying Attention tests the attention-measurement market on the public record: one MRC-accredited attention product; in the sources screened, no held-out evidence that attention predicts outcomes beyond time in view and no independent audit of guarantee delivery; and named vendors’ attention signals documented in agentic protocols only as schema representation, with conformance tests run on placeholder metrics. Published on-site rather than through an outlet.

    Read the paper

  • Research paper

    The State of Gaming Advertising in 2026

    An evidence-led review of brand advertising in games in 2026: who sells it, what the measurement standards cover and who has checked compliance, what children's and platform rules allow, whether console is in-game inventory yet, and what the outcome evidence shows, with a capability matrix and the Play Quotient. Published on-site rather than through an outlet.

    Read the paper

  • Research paper

    Counted, Not Heard

    A research paper on US audio advertising in 2026: market size by definition, sellers and rails, podcast measurement certification, attribution methods, attention and in-game retention claims, AI voices and agentic buying, and a Listen Quotient for audio sellers and ad-tech services. Published on-site rather than through an outlet.

    Read the paper

  • LinkedIn

    Eight Refusals Wrote This Essay

    The answer box's refusal log is a writing brief only once you know who asked: the eight refusals that sent me to write an essay were my own test suite, the pages that answered them were already on the site, and a log that mixes evaluation runs with readers is not demand.

  • Research paper

    Borrowed Trust

    A state-of-the-market research paper on open-web native advertising in 2026: a supply-rights business sold as a performance product, the missing causal evidence, what the machines optimise, and 24 native vendors scored on documented capability with the Native Quotient. Published on-site rather than through an outlet.

    Read the paper

  • Research paper

    What the Machines Can See

    A state-of-the-market research paper on mobile app growth in 2026: what the acquisition engines optimize, what attribution and Apple's privacy postbacks can show, payback after store fees and web checkout, and eleven app-growth platforms scored on documented capability. Published on-site rather than through an outlet.

    Read the paper

  • On air & stage DMEXCOModerator

    From Data to Impact: How Martech Drives Real Business Growth

    Marketing has no shortage of data; the challenge is turning it into decisions that drive growth. The panel covers which marketing metrics matter at the C-level, how attribution, incrementality and ROI are evolving with AI, and how teams move beyond dashboards to prove real business impact.

    Recording

  • LinkedIn

    Privacy-Safe Was the Wrong Word

    A retraction of the 2025 claim that embeddings are privacy-safe: abstraction is not anonymity, embeddings are not anonymous by default and the controller carries the burden of proving otherwise, deletion is tractable in the vector store and unsolved in the model beside it, and the Agentic Audiences schema leaves consent out of its required fields.

  • LinkedIn

    A Billboard Doesn't Click

    A DOOH number is one near-observed event, one auditable claim and three models stacked on top — play, venue, crowd, audience, outcome — and running the Instrumentation Test backwards lands the punchline: DOOH is the one channel where reach and frequency still keep their referent, because a crowd on a concourse was never loggable and everyone always knew it.

  • Advertising Week

    How Has Your Data Strategy Changed With Agentic AI at Your Doorstep?

    Advertising Week AW360 column. Agents will sit between customer intelligence and marketing action — deciding, executing, measuring and adjusting — so the governance question becomes decision rights and action rights, not data access. Accessible data tells an agent what exists; decision-ready intelligence tells it what the data means, whether it may be used, for what, and what action it is permitted to take. DMP to CDP to clean room to warehouse-native each moved control closer to the enterprise; agentic on the warehouse adds decision and action control, with the audit record as what makes the accountability real rather than asserted.

  • LinkedIn

    Who Counted It?

    AdCP 3.2's first release candidate adds a vendor_relationship enum — first_party, affiliated, third_party — that forces a seller to declare its relationship to whoever is measuring it, with silence read as undeclared rather than independent.

  • DMEXCO

    AI Trust: New Standards For The AI Era

    DMEXCO column. An LLM can infer what a field means, but it cannot prove the data was authorized, that a signal came from a legitimate source, or that an agent stayed inside its delegated authority. Standards exist so markets can coordinate, not so machines can read — so agent autonomy changes what standards are for rather than removing the need for them.

  • No Fluff Advisory

    Sixteen Fridays, One Question

    Two seasons of the Friday Thought Experiment put 16 questions and 64 options to the same room and collected 786 ballots across all sixteen. Read as one ledger, they were one question asked sixteen ways: when an agent acts for you, who can say no, and who can be held to the answer? Season 1 found the institution that question needs. Season 2 found where the money settles once it exists. In between, the room changed its mind in public, and the reversals are the most useful data in the set.

  • No Fluff Advisory

    The Evidence Premium

    Season 2's sixth poll asked what wins the bid when every seller can claim performance, and 37 ballots put Verifiable outcomes on top with 54%. Lowest price took 21%, Proprietary data 13%, Exclusive supply 10%. The finding isn't the winner, it's the comparison: seven days earlier the same room priced verifying results at 21% when it appeared as a job an intermediary does, and the identical idea took two and a half times the support once it was worded as a property of the offer. Sold as a service, proof polls like overhead. Built into the offer, it wins the bid. The week's term is the Evidence Premium: the price gap between a claim a buyer has to take on faith and the same claim carrying proof the buyer's own side would accept. It is not collected by whoever has the best number, it goes to whoever can produce a number the counterparty accepts without reopening the negotiation, and almost no seller holds that arrangement. The accreditation layer already built this machinery one layer down — research proves a method is valid, accreditation proves a number is transactable — and the MRC's annual audit clock says the premium is a subscription rather than a purchase. Nothing accredits an agent-generated claim yet, which is why the 21% who picked price are reading the next two years correctly. My vote went to Verifiable outcomes, with an interest to declare and a concession about who ends up funding the check.

  • No Fluff Advisory

    The Layer That Didn't Ship

    In 2025 the industry agreed it needed a shared layer for exchanging user context between agents, LiveRamp proposed one, donated it to IAB Tech Lab in late 2025, and it was renamed Agentic Audiences by early 2026 and filed under AAMP. Read at the repository rather than the press release, that layer has eleven commits since its creation in October 2025, no releases and no tags, two pull requests still open, a spec still headed Draft v0.1, and a wire format string that still carries the retired name. Its one working integration — the OpenRTB community extension on Segment.ext.aa and the Prebid.js RTD module — shipped inside a four-week window between March 22 and April 14, 2026 and has had nothing added since. Meanwhile the job got done twice somewhere else: AdCP's Trusted Match carries contextual embeddings at serve time against a 50ms provider timeout inside the router's latency budget, and AAMP's in-bidstream runtime ARTF reached v1.0 on July 20, 2026 with gRPC bid mutations under tmax. Neither references the other's embedding vocabulary. The mechanism is not a governance failure, it is a latency budget: an embedding is only worth carrying if it arrives before the auction closes, so every decision about dimensions, quantisation and timeout behaviour is a property of a runtime, and whoever holds the clock ends up holding the vocabulary. A neutral layer donated to a standards body is not the same thing as a layer that ships. The general test, applied here to AdCP as well, is commits, tagged releases and whether the one integration that exists is still maintained — and it closes with a checkable prediction about what would prove Agentic Audiences is maintained rather than parked.

  • No Fluff Advisory

    The Record Is Not the Relationship

    Season 2's seventh poll asked who owns the customer relationship when an agent chooses the brand, and the four options turn out to be four different senses of the word own. The consumer owns the intent, the brand owns the fulfilment, the agent platform owns the interface, the data holder owns the record — and only one of those can be exercised without anyone's permission. The week's term is Interface Capture: the party that receives the intent accumulates the relationship whoever fulfils the transaction and whoever signs the contract, because it is the only party that can open the next conversation without asking. The test is not who was present at the sale, it is who can start the next one unilaterally. Shopify publishes the list of checkout blocks that do not load in an agentic direct checkout, and it is loyalty, the consent block and the client-side pixel — the merchant's entire apparatus for turning a buyer into a customer. Meanwhile the Agentic Commerce Protocol does hand the merchant the buyer's real name, email, phone and address. The record arrives; the permission does not. Booking Holdings now files that mechanism in its own risk factors, two federal appeals courts decided the compellability and the defensibility of the position a day apart in August 2026 and the interface won both, and AdCP's own data-protection analysis assigns the first-party role to the interface holder rather than the brand. My vote went to the brand, which is the party with the best claim in equity and the worst claim in mechanism, and I say why I am not changing it.

  • No Fluff Advisory

    The Risk Residue

    Season 2's fifth poll asked which intermediary function stays valuable once agents transact directly, and 19 ballots put Assuming risk on top with 42%. Finding counterparties and Verifying results tied at 21%. Negotiating price finished last at 16% — one week after a third of the room called price the hardest thing agents will negotiate. That gap is the essay: hard and worth paying a middleman for are different properties. The week's term is the Risk Residue. Strip the information work out of intermediation — the finding, the matching, the price discovery — and software does all of it at zero marginal cost. What is left is balance-sheet work, because software cannot absorb a loss. Absorbing a loss needs capital, a legal person to hold it, reserves priced against the miss, and an incentive not to lie about all three. The intermediary of the agent era looks less like a marketplace with better matching and more like a small clearinghouse: escrow, guarantee, spread. Verification is the interesting near-miss — scarce only while it stays independent, because an agent employed by one side of the trade cannot check the other side's numbers. My vote went to Assuming risk, and I changed it mid-week from Negotiating price, which is the argument this essay has with itself.

  • No Fluff Advisory

    Where the Surplus Settles

    The Season 2 finale. Eight Fridays asked where advantage, money and power move once agents can act, and the closing question puts the season's own weeks on the ballot: objectives were Week 1, access Weeks 2 and 7, execution Weeks 3 and 4, verification Weeks 5 and 6. The room is ranking its own arguments without being told that is what it is doing. Two findings come out of the ledger rather than the news. The season's opening answer lost to itself — proprietary data took 78% of Week 1 when the question was what creates an edge, and 13% of Week 6 when it was what wins a bid — and two of the finale's four control points were already on the Week 1 ballot in different words, finishing at 4% and 7%, two of the three lowest scores of the season. The room prices what it imagines holding and discounts what it imagines going through. The week's term is Where the Surplus Settles, and the criterion is not refusal but binding refusal: surplus settles where the refused party has no substitute it can route to. That rules out the tidy version of this argument. Verification is not structurally excluded from capture, since credit rating agencies are pure examiners running operating margins around 64%; an examiner captures in proportion to how much its verdict moves the price, and in advertising it moves none — DoubleVerify measured 9.5 trillion transactions in FY2025 at seven cents per thousand, falling. Amazon told Perplexity no in writing, in code and in court and lost, not for want of authority but for want of a way to tell who was at the door, which makes refusal an identity problem before it is an access one. And binding refusal attracts the state: three federal courts found access rents and three declined to remove them, while the ad tech remedy left the asset in place and took away the refusal.

  • LinkedIn

    Contextual Won the Argument and Lost the Language

    Contextual won its argument and kept selling the win as a targeting method — the smaller thing it turned into. The larger one: it is now the decisioning layer the supply side runs on, curated deal IDs carry 73% of bidding opportunities, and the next cycle goes to packaging that can answer for itself when an agent interrogates it.

  • Research paper

    Proof and Story

    A state-of-the-market research paper on contextual advertising in 2026: what brand suitability, emotion AI and narrative targeting actually deliver against what the vendor field claims, where curation and CTV change the picture, and which capabilities the vendor landscape is missing outright. Published on-site rather than through an outlet.

    Read the paper

  • AdExchanger

    AI Can Interpret Data. It Can't Vouch For It.

    AdExchanger Data-Driven Thinking. AI can interpret data and bridge systems, but it cannot establish trust — as agents move from assisting to deciding, standards must cover provenance, permission, delegation, and auditability, making trust a real-time execution layer rather than an after-the-fact audit.

  • In the press Central ControlMention

    Bringing Experimentation to the Ad Context Protocol

    Rick Bruner's account of bringing experimentation to AdCP credits Evgeny's proposal to extend the mechanism to H3 cells.

  • In the press Proof in DataQuoted

    The Models Predict by the Hour. The Buy Settles by the Week.

    Nate Woodman's analysis of the AdCP time-unit proposal he and Evgeny co-wrote, quoting Evgeny from the proposal thread.

  • No Fluff Advisory

    Measurement, on the Street's Terms

    This site's ask box declined a question on how to measure DOOH and place-based media eight times, in what turned out to be its own test runs. The answer: a DOOH number is one near-observed event, one auditable claim, and three models stacked on top — a chain the channel has been honest about since 1933. Run the Instrumentation Test in reverse and the punchline lands: the channel everyone calls unmeasurable is the one where reach and frequency still mean something.

  • No Fluff Advisory

    Negotiating the Nouns

    Season 2's fourth poll asked what buyer and seller agents will negotiate hardest, and 55 ballots produced the tightest finish of the season: Success criteria at 34%, Price at 32%, Audience definitions and Liability at 16% each. Read as a block, two-thirds of the room said the hardest negotiation is no longer the number — it's the nouns around the number. That's the week's term: Negotiating the Nouns. Automated negotiation is mostly semantic negotiation wearing a price tag. Price is the one term on the ballot machines already clear — fifteen years of real-time auctions settled it to the millisecond — and it stayed easy only because every other term was held still by convention: the audience was a list name on an insertion order, success was handled at the QBR, liability was boilerplate nobody read. An agent can't execute ambiguity. Every term has to parse before a dollar moves, so the negotiation migrates from the price line into the definitions — what counts, whose count settles it, over what window, against what baseline. My vote went to Success criteria, and it won by two points; the 32% who picked Price weren't wrong either, because every noun left unsettled eventually presents its invoice as a price dispute.

  • No Fluff Advisory

    Nobody Sells an Outcome

    Season 2's third poll asked what autonomous buying agents will ultimately buy, and 73 ballots produced the clearest majority of the season: Outcomes at 57%, with Impressions at 27%, Audiences at 8%, Attention at 6%. The room voted for the one unit on the list that nobody can currently sell, because selling an outcome means warranting it, and warranting it means pricing the failure case. That pricing function — Outcome Underwriting — is the institution the whole result quietly depends on: a definition both sides accept, a measurement both sides trust, a settlement window, and someone who pays when the outcome doesn't happen. The first three are measurement work. The fourth is capital. Outcome optimization exists inside the walled gardens; outcome insurance does not. Owned loops reprice faster and sometimes carry action-level variance, but no scaled platform guarantees the advertiser's business result. My vote went to Outcomes anyway — for where the market ends, not for what's tradable now — and the 27% who voted Impressions weren't nostalgic; they named the only unit with a working settlement stack, which is why it gets demoted to the receipt rather than killed.

  • No Fluff Advisory

    The Answerer of Record

    The Season 1 finale. Eight Friday polls were one question asked eight ways — who issues the credential that lets an agent act? — and the room's own ballots supply eight structural constraints on the answer. Run the three candidates against all eight and only one survives: protocols carry the credential, constitutions bound it, contracts create it. The issuing layer is an Answerer of Record — the agentic successor to adtech's seller-of-record — because trust is conferred, never computed.

  • No Fluff Advisory

    The Gate That Said No

    I rebuilt the retrieval system behind Ask Evgeny in one day: traces on every query, a 975-node knowledge graph, authority buckets on every position, and three model upgrades running in shadow. The most important thing that shipped is the feature that measured itself and refused to launch.

  • No Fluff Advisory

    The Mandate Finished Last

    Season 2 opened by proposing that once every advertiser has a capable buying agent, advantage moves to the quality of the mandate. Forty-two operators voted, 78% chose proprietary data, and the mandate came last at 4%. The room is right about the market as it stands, and the reason has nothing to do with which asset actually decides the outcome.

  • No Fluff Advisory

    The Open Web Isn't Dead. It's Uninsured.

    AppLovin and Criteo show why measuring an outcome is easier than putting a balance sheet behind the miss. The open web can define an outcome, measure it and settle a campaign. What it cannot do is guarantee that outcome across company boundaries, and neither, it turns out, can the walled gardens: AppLovin's 10-K says no fixed price per action, and Meta's own documentation says the cost cap is not guaranteed. AppLovin's advantage is a closed loop that lets one company observe performance, adjust price and keep the spread. Criteo came closest to carrying real risk on the web, buying impressions and selling clicks, and its loop depended on identifiers controlled by browsers. The open web is not dead. It still lacks a credible counterparty behind the miss.

  • No Fluff Advisory

    The Risk You Can Price

    Advertisers already own the cheapest hedge in media: the pause button. So the open web's first real performance insurance will protect the sell side, not the buy side — the publisher's receivable, the intermediary's spread, the counter's restatement — assembled from narrower protections around payment, counting and residual performance risk rather than one policy. The near-term contract names its counting source, escrows the money and bonds the count. The parametric policy on the landlord event itself comes last, once the loss history exists.

  • No Fluff Advisory

    The Shelf You Can Restock

    Season 2's second poll asked what becomes the new shelf space once agents decide what gets considered, and 16 ballots produced a tie: Retrieval results and Paid recommendations at 31% each, Training data and Default integrations at 18%. Sixteen votes was the smallest turnout of the run to that point and settles nothing, but the grouping is worth a paragraph — the room picked the two routes into a consideration set that an operator can change inside a planning cycle without anyone else's approval. The Restock Test sorts all four by how long a change takes to land and whose approval it needs. My vote went to paid recommendations, for one reason: it's the only one of the four with a price, and a price drags an owner, an auction, and a contract along behind it.

  • No Fluff Advisory

    AdCP vs AAMP: The Retrofit and the Greenfield

    Two agentic advertising standards shipped within 48 hours of each other in late July — AdCP tagged v3.1.8, IAB Tech Lab announced AAMP 2.3. The trade press calls it a war and mislabels the battlefield. Read at the repository level, the real difference isn't altitude (both negotiate deals; both touch the impression path). It's ancestry: AAMP retrofits agents onto advertising's existing rails — OpenDirect, OpenRTB, the ad servers and DSPs already in production — while AdCP writes a new campaign-lifecycle protocol with trust in the wire format. Every claim verified against the repos and specs, both directions, with the press-release-vs-repository deltas printed for each side.

  • No Fluff Advisory

    AMC Is Free Now — Sort Of: What Amazon's Clean-Room Democratization Actually Changes

    Amazon opened AMC to all sponsored-ads advertisers in Sept 2025. What's free, what still costs, what the 100-user threshold hides, and what expires Dec 2026.

  • No Fluff Advisory

    Business Outcomes Isn't a Number

    Friday's poll asked what agents will optimize for, and 54% of 51 ballots said Business Outcomes — more than Lowest Cost and Highest ROAS combined. This essay's answer to why: Business Outcomes was never a fourth number competing with the other three. Lowest Cost, Highest ROAS, and User Satisfaction are each a single scalar an optimizer can directly maximize — and a single scalar is exactly what gets gamed. Business Outcomes can't be scalarized the same way, which is the point: the room didn't vote for a better objective function. It voted against handing the agent one at all.

  • No Fluff Advisory

    CDP vs. Reverse ETL Is the Wrong Question

    People search 'CDP vs. reverse ETL' like it's a product bake-off. It's a category error — one is a suite, the other is a pipe. The real question is where the customer truth should live, and once you answer that, the comparison resolves itself. A decision table, three scenarios, and the trap on each side.

  • No Fluff Advisory

    Fire the Dashboard, Hire the Agent

    A complete build recipe: GA4, Search Console, Claude, and GitHub wired into an editorial agent that reads a month of data, writes five ranked recommendations, grades its own previous advice, and pings you — on two cadences, for pennies. Five APIs, zero dashboards, one afternoon.

  • No Fluff Advisory

    Give Your Writing a Brain

    A complete build recipe for putting a grounded answer engine on top of your own writing: chunk the corpus, embed it, retrieve with a multi-lane hybrid, generate with hard grounding rules, track when your own positions change so the system never quotes a retracted stance as current, and expose it two ways — as an MCP connector any chat client can use, and as a chat box on your own site. Every part runs on one Cloudflare Worker for near-nothing. The honest version: the architecture, the guardrails that keep it from lying, the four bugs that actually cost me an afternoon, and the loop that makes it smarter every time you publish.

  • No Fluff Advisory

    iROAS Is Not a Number, It's a Negotiation

    The same campaign, 54 defensible iROAS values, 83% flipping sign on methodology alone. Eight audit questions — and the failure mode each one catches.

  • No Fluff Advisory

    Measurement for Agentic Commerce

    The agent doesn't click, doesn't see ads, and buys anyway. A breaks/survives/emerges triage of commerce measurement, and the instrumentation to build now.

  • No Fluff Advisory

    Measurement, on the Browser's Terms

    The W3C Attribution API debate, read as a constitutional question. Mozilla's Martin Thomson says the quiet part precisely: the test of any privacy technology is not the information flows — it is who decides. The browser is bidding to become the counterparty that grants measurement its standing, and every operator concern in the spec follows from that one move.

  • No Fluff Advisory

    One Event, Three Machines: Orchestrating Conversions Across PMax, Advantage+, and OpenAI Ads

    The signal architecture that makes one conversion land once across Google, Meta, and OpenAI ads — why the three platforms are complementary, why you can't dedupe walled gardens but can out-hub them, and the incrementality question underneath all of it.

  • No Fluff Advisory

    The Campaign Is Dying. The Action Space Is the New Marketing Operating System.

    A category got named on Monday, shipped on Tuesday, and acquired on Wednesday. But the fourth-generation CDP is the entry point, not the story: the CMO's job is moving from campaign execution to constraint design.

  • No Fluff Advisory

    The Customer's Agent Arrived First

    Before any CMO deployed an agent, a billion customers did. The click did not die of natural causes — the answer layer intercepted intent, then started selling media against it. And a whole measurement industry formed before anyone validated the metric.

  • No Fluff Advisory

    When the Buyer's Agent Meets the Seller's Agent

    A natural-language brief in Claude became live CTV spend through a protocol handshake. Ten surfaces are becoming agentic counterparties — but autonomy and interoperability are inversely correlated, so far, and the consolidation ledger shows exactly what agents are hungry for.

  • No Fluff Advisory

    The CMO Owns the Action Space

    Measurement stops explaining the past and starts issuing permissions. The post-agentic CMO's deliverable is not a channel plan — it is guardrail architecture. Here is the ownership split, the operating loop that already works, and the ten-question procurement test.

  • No Fluff Advisory

    Adtech and Martech Were Never Two Industries. They Were Two Copies of the Customer.

    Adtech versus martech was never a strategy — it was a custody arrangement: two industries built on two copies of one customer, one reaching through rented access, the other through owned relationships. The agentic CDP did not end the split; it exposed how little of it was strategic. One governed customer memory — read, written, and learned against by agents on both sides — is absorbing the operating boundary between paid and owned. Sequel to 'The Composable CDP: How Customer Data Stopped Moving.'

  • No Fluff Advisory

    The Context Economy Has a Governance Problem

    An AdExchanger column just named the shift the whole industry is feeling: from an audience economy to a context economy. It is right, and it is the direction a season of this site's writing has been pointing. But 'understand the moment and act on it instantly' is one governance layer away from being a faster surveillance economy — and that layer is the whole ballgame.

  • No Fluff Advisory

    The Great Repackaging

    Curation went from an SSP side product to the organizing fight of programmatic in under two years: every exchange has a named platform, the data specialists got absorbed by credit bureaus and holdcos, retail media and CTV fused into curated marketplaces, and now the agencies are building marketplaces of their own — Stagwell's, announced this week, assembles bespoke supply with AI agents fed by The Trade Desk's own quality data. This is the audience economy reorganizing itself on the supply side. The question is not whether the packaging adds value. It is who signs the package — and what happens to a shelf of pre-cut deals when buyers gain an agent that can assemble supply per brief.

  • No Fluff Advisory

    The Intelligence Economy

    At Cannes, OpenAI declared the shift from the attention economy to the intelligence economy — and put a rate card on the answer. Six months of verified record tell a stranger story: the product is a familiar sponsored card, the price fell as the pitch rose, the minimums collapsed from $200K to zero, and every trust metric is self-reported with no referee. Meanwhile the ecosystem split seven ways on the same question: OpenAI all-in, Microsoft selling quietly, Google hedges by surface, Meta monetizes around the assistant, Grok announces, Perplexity exited over trust, and Anthropic bought Super Bowl airtime to refuse. These aren't seven marketing strategies. They're seven objective functions — and the forecast gap between OpenAI's $2.5 billion and the category's sub-$1 billion is where the argument gets settled.

  • No Fluff Advisory

    The Loop Closed Inside the Wall

    Snowflake just shipped a governed agentic loop between the warehouse and Meta — conversion signals out, campaign context back, an agent that prepares and a human who approves. It is the closest thing yet to this site's thesis running in production. It is also the exact pattern this site warned about: the loop closed, but it closed inside one walled garden, on one vendor's proprietary surfaces.

  • No Fluff Advisory

    The Prebid Sales Agent: AdCP's Sell Side Lands in the Wrapper

    AdCP's sell side is a deal machine beside the wrapper, not inside it — the architecture, the deal loop, five publisher decisions, the caveats nobody prints.

  • No Fluff Advisory

    The One Standard That Clears the Deal

    Season 1's last poll asks which standard matters most in five years: Identity, Measurement, Agent Protocols, or Trust & Accountability. This essay's answer: three of the four only reduce friction — a market can run without them, just more slowly and at more risk. Only one clears or blocks the transaction outright. That's the test that actually separates a standard from infrastructure, and it's independent of which option the room eventually picks.

  • No Fluff Advisory

    What Agents Can't Manufacture

    Friday's poll asked what becomes scarce in a market run by agents. The obvious answer is the last decade's winner — the biggest data. Wrong layer. Every cycle relocates scarcity rather than abolishing it, and an agentic market makes data, compute, and distribution all self-suppliable — leaving one asset a machine is structurally incapable of minting for itself: trust.

  • No Fluff Advisory

    The Metric That Was Never About You

    Friday's poll asked which marketing metric breaks first once agents become the primary buyers. This essay's answer is Attention, and for a mechanical reason: it was never a measurement of the market — it was an inference about something no one could directly observe. Reach & Frequency and Attribution make the same category error one layer removed. ROAS survives by accident, not merit. And the record that replaces all three isn't a better guess — it's the first time anyone could just read the answer instead of inferring it.

  • No Fluff Advisory

    Whoever Writes the Constraints Owns the Outcome

    Friday's poll asked who should be accountable for an agent's decision, and the room put half its ballots on The Agent Owner, with Shared Responsibility a distant second. This essay takes that answer seriously and then sharpens it: shared responsibility is what accountability looks like before a contract assigns it. In practice, accountability follows the action space — the vendor owes enforceable rails and honest measurement, the user owes informed approval, but ownership concentrates on whoever authors the constraints the agent acts inside. Which is why my vote went to The Agent Owner, and why the fix is infrastructure, not sentiment: versioned operating rules plus an append-only decision ledger turn 'shared' from a shrug into an audit trail.

  • DMEXCO

    The Future of Marketing Measurement: From Reports to Real-Time Feedback

    DMEXCO column. As agents make decisions in real time, measurement must shift from delayed reports to live, machine-readable feedback — a pricing signal, not a post-campaign scorecard.

  • Signal & Noise

    Vectors Won't Save You From GDPR. They Just Move The Problem.

    The often-overlooked intersection of AI, data governance, privacy, and regulations (GDPR · CCPA). Why vector databases don't fix the compliance problem — they just relocate it.

  • No Fluff Advisory

    Do We Still Need Standards When Machines Understand Context?

    The crowd voted 'more than ever' — but the real question isn't whether AI kills standards. It's which standards survive when meaning goes to zero and accountability becomes the scarce thing.

  • No Fluff Advisory

    Notes from the Implementer Seat

    What running a live AdCP signals agent teaches you that reading the spec never will. Revised September 2026: a privacy gap I filed against Trusted Match shipped in AdCP v3.1.22 — on stricter terms than I proposed, in a maintainer PR rather than mine — and two threads listed here as open proposals have since closed as completed.

  • No Fluff Advisory

    Recommendation or Decision? The Veto That Doesn't Scale

    Friday's poll asked when an AI recommendation becomes an AI decision. Most said 'when humans stop reviewing.' Right answer, wrong tense — in agentic ad tech that line is already behind us, and the surviving signature isn't a decision-maker, it's a name for the post-mortem.

  • No Fluff Advisory

    Signal Containerization: The Next Abstraction Layer for Agentic Advertising

    A framework for packaging buyer intent, semantic meaning, provenance, privacy policy, activation rules, and measurement logic into executable advertising signal containers.

  • No Fluff Advisory

    The Composable CDP: How Customer Data Stopped Moving

    A framework for the warehouse-native generation of customer data: what 'no data egress' actually buys, why reverse ETL became the last mile, how multi-cloud clean rooms split the work, and where the lock-in really went.

  • No Fluff Advisory

    The First AI-Native Fraud Isn't a Fake — It's Laundered Authority

    Friday's poll asked what the first truly AI-native fraud is. The crowd answered with familiar villains. The trap was the question: the new scarcity isn't authenticity, it's accountability.

  • No Fluff Advisory

    The Packaging Problem

    AdTech platforms now own more capability than ever. The winners will be the ones that turn capability into one buyable story through commercial architecture.

  • AdExchanger

    Why Agentic Measurement Will Reprice The Ad Market

    AdExchanger Data-Driven Thinking. How agent-mediated measurement collapses the gap between exposure and outcome.

  • On air & stage Signal & NoiseInterview

    From Publishers to Platforms: Evgeny Popov on CTV, Career Exits, and the Future of Television

    Interview with Brett House and Rio Longacre on CTV, his career from publishers to platforms, and the future of television.

    Apple Podcasts · Spotify

  • LinkedIn

    AdCP 3.0 Gave Linear TV Its Rails. Here’s the Other Half.

    What linear TV still needs from AdCP 3.0 — measurement standards, identity bridges, and a cross-screen ledger.

  • AdExchanger

    Why Binary Audience Decisions Aren’t Fit For The Agentic Era

    AdExchanger Data-Driven Thinking. Why "audience yes/no" must yield to graded similarity scores in vector space.

  • DMEXCO

    Programmatic Advertising: The Segment is Dead—Long Live the Vector

    DMEXCO column. The semantic shift from named segments to learned embeddings — and what it means for buyers.

  • LinkedIn

    Agentic Advertising Protocols: A Unified Map of What’s Next

    Ad tech's standards run in silos, and the Agentic Era makes that gap impossible to ignore — a map of how OpenRTB, AdCOM, OpenDirect, Deals API and GPP each extend into the agentic stack. Revised September 2026: the layer this map named UCP had already been donated to IAB Tech Lab and renamed Agentic Audiences before publication, the roadmap belongs to one body of two now in open conflict, and the serve-time matching job the map reserved for a separate layer now runs inside AdCP's Trusted Match.

  • LinkedIn

    Automate Lead Qualification in 90 Minutes....

    A reproducible Rube + Claude + Slack recipe. From inbox to scored lead in under 30 seconds.

  • On air & stage LinkedInInterview

    Marketecture Media — Hot Takes interview

    Video clip from Marketecture Media's Hot Takes, recorded at IAB ALM 2026, on agentic advertising, MCP and the AdCP and UCP standards.

  • Whitepaper

    Agentic Audiences Powered by the User Context Protocol (UCP)

    A Technical Whitepaper on Embeddings-Based Agent-to-Agent Advertising.

    Read the paper

  • LinkedIn

    AI Agents in Ads need a “Common Language”

    Vector alignment as practical infrastructure — projectors, capability discovery, and the handshake between buyer and seller agents.

  • LinkedIn

    IAB ALM 2026: AI moved from “feature” to “infrastructure”

    Field notes from IAB ALM 2026 — AI has stopped being a checkbox and become the substrate of media operations.

  • LinkedIn

    Stop reading about "The Agentic Future"...

    Start building it. A bi-monthly tutorial series on shipping real GTM agents in Rube, Claude, n8n.

  • No Fluff Advisory

    The Missing Link in Ad Tech: How UCP & AdCP Are Finally Unifying the "Alphabet Soup"

    How UCP and AdCP retire ad-tech's "Tower of Babel" — Architect (intent) and Engineer (math) of the agentic stack.

  • LinkedIn

    CES 2026: when AI stopped being a feature and became the platform

    CES 2026 read — generative interfaces, on-device intelligence, and the platform-level inevitability of AI.

2025

30 entries

2024

66 entries

2023

24 entries

2022

3 entries

2021

2 entries

2020

4 entries

2019

6 entries

2018

7 entries

2017

4 entries

2016

2 entries

2015

6 entries

2014

5 entries
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