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No it's not. It's more profitable and better than ever, and also largely unchanged, but rather better optimized. Video, banner, and click-ads are not going anywhere. look how well Meta stock has done. we're seeing record-high CPMs and CPCs. Advertisers paying huge $ for clicks and impressions to target high-SES demographic, such as retirees and high net worth people. Such as super-expensive insurance, wealth management, and healthcare ads. Same for b2b spending, like ads for cloud hosting, WordPress hosting, and so on. And also, ad revenue adjusts well to inflation too. Google, Meta are using AI and other tools to optimize ad delivery and extract maximum $.
Which part of the article (not the headline), do you have an issue with?