Facebook managers trash their own ad targeting in unsealed remarks
This shows the limitations of ML: facebook has <i>incredible</i> amounts of preference & behaviour data on its users; and can't even meet incredibly generic categories such as "high-earner, college educated, etc.".<p>The reason we think we're in an "AI" boom is 90% these ad. companies hyping their own abilities (an identical strategy to that of the initial boom in the 50s).<p>What we call "AI" today is just an associative house of cards which gives the illusion of depth when seen from a very narrow viewing angle.