Ad spending is falling off a cliff amid the COVID-19 pandemic — and Facebook and Google, the two heavyweights in digital advertising, are expected to bear the brunt of the downturn in terms of sheer dollars lost.
The two internet giants together could see more than $44 billion in worldwide ad revenue evaporate in 2020, Cowen & Co. analysts estimate. That said, both Google and Facebook will continue to be massively profitable even with double-digit revenue drops.
“There’s no doubt by the time I was in my second term I was a better president than I was in my first term and it did not have to do with analysis or policy,” he said. “It had to do with what comes with any career — whether it’s sports or teaching or you name it — you get enough reps, enough repetition and familiarity with the nature of the problems that you start being focused on the task and not how-are-you-doing-on-the-task and the self-consciousness that comes with that.”
What did you like to do most when you were a teenager? According to Bill Gates, the answer to this question will tell you what career you should pursue. “The thing you do obsessively between age 13 and 18, that’s the thing you have the most chance of being world-class at,” he told Charlie Rose in an 2016 interview. So answering that simple, if offbeat, question can give you some clues about where to focus your energies.