The Internet Is Secretly Powered By Billions Of Tiny Auctions
Odd Lots2 Jul 2018

The Internet Is Secretly Powered By Billions Of Tiny Auctions

Everyone knows that online advertising pays for a massive chunk of the internet that people know and love, whether it's social networking sites, news, photo sharing apps, or anything else. But how do the ads get delivered to your desktop or phone? On this week's Odd Lots podcast, we speak to Afsheen Bigdeli, an engineer who works on online ad platforms about how every time you see an ad it's the result of a virtually instantaneous online auction in which the seller of ad inventory (a publisher) and a buyer of ad inventory meet at an exchange, not totally unlike exchanges used for financial markets. It turns out there's a lot we can learn about financial market structure based on these rapid transactions.

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Episoder(1190)

Episode 13: How a Professor Won Gambling on an Obscure Sport

Episode 13: How a Professor Won Gambling on an Obscure Sport

Episode 13: Everyone dreams of being able to win almost every time when gambling. Of course, whether it's blackjack, horse betting, poker or the stock market, it's really hard to consistently win. But...

1 Feb 201625min

Episode 12: How a Consultant Foresaw the 2015 Commodities Crash

Episode 12: How a Consultant Foresaw the 2015 Commodities Crash

On this episode, co-host Tracy Alloway is joined by Bloomberg Markets reporter Luke Kawa for a journey back in time. As the global elite mingle at the World Economic Forum's annual meeting in Davos, S...

25 Jan 201623min

Episode 11: How David Bowie Became a Financial Product

Episode 11: How David Bowie Became a Financial Product

When the world lost David Bowie this month, it lost one of modern music's undisputed geniuses. Less well-known is Bowie's contribution to the financial world. In this episode of Odd Lots, hosts Tracy ...

19 Jan 201633min

Episode 10: How the World Ended Up With a Boring Banana

Episode 10: How the World Ended Up With a Boring Banana

This week, we're taking on one of the most fragile commodities markets around. No, it's not oil (though we do get to that later in the program), it's the market for bananas. Dangerously reliant on a s...

11 Jan 201631min

Episode 9: The 2016 Predictions Episode

Episode 9: The 2016 Predictions Episode

(Bloomberg) -- It’s a new year and a new episode of Odd Lots. Co-hosts Joe Weisenthal and Tracy Alloway have re-stoked our proverbial holiday fire, refilled our wine glasses and are ready to continue ...

4 Jan 201622min

Episode 8: These Were Our Favorite Stories of 2015

Episode 8: These Were Our Favorite Stories of 2015

(Bloomberg) -- Gather ‘round the Odd Lots fire. Co-hosts Joe Weisenthal and Tracy Alloway have assembled a collection of Bloomberg News reporters and editors to spread holiday cheer by sharing their f...

28 Des 201522min

Episode 7: How One Woman Tried To Sound Housing Crash Alarm

Episode 7: How One Woman Tried To Sound Housing Crash Alarm

The film “The Big Short” has sparked lots of attention about the origins of the financial crisis and the people who saw it coming. While lot of attention is being paid to a few men who made a fortune ...

21 Des 201522min

Episode 6: Meet The Man Who Made Millions Trading Mules

Episode 6: Meet The Man Who Made Millions Trading Mules

This week we're thinking about what it means to be a trader in today's electronified markets and contrast it with trading in the era of horse and buggies. That's right, we're going back in time to tal...

14 Des 201525min

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