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How Trump Conquered Facebook Without Russian Ads | WIRED

An explanation of how Facebook’s ad auctions work, and how they influence the political advertising landscape.

From this worldview, it’s still not clear how much influence the IRA had with its Facebook ads (which, as others have pointed out, is just one small part of the huge propaganda campaign that Mueller is currently investigating). But no matter how you look at them, Russia’s Facebook ads were almost certainly less consequential than the Trump campaign’s mastery of two critical parts of the Facebook advertising infrastructure: The ads auction, and a benign-sounding but actually Orwellian product called Custom Audiences (and its diabolical little brother, Lookalike Audiences). Both of which sound incredibly dull, until you realize that the fate of our 242-year-old experiment in democracy once depended on them, and surely will again.

Like many things at Facebook, the ads auction is a version of something Google built first. As on Google, Facebook has a piece of ad real estate that it’s auctioning off, and potential advertisers submit a piece of ad creative, a targeting spec for their ideal user, and a bid for what they’re willing to pay to obtain a desired response (such as a click, a like, or a comment). Rather than simply reward that ad position to the highest bidder, though, Facebook uses a complex model that considers both the dollar value of each bid as well as how good a piece of clickbait (or view-bait, or comment-bait) the corresponding ad is. If Facebook’s model thinks your ad is 10 times more likely to engage a user than another company’s ad, then your effective bid at auction is considered 10 times higher than a company willing to pay the same dollar amount.

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If we’re going to reorient our society around Internet echo chambers, with Facebook and Twitter serving as our new Athenian agora, then we as citizens should understand how that forum gets paid for. Rarely will the owners of that now-privatized space deign to explain how they’re keeping the lights on. Plotting Russians make for a good story, and external enemies frequently serve an internal purpose, but the trail of blame often leads much closer to home. It’s right there, topped by a big, blue bar on our smartphone screens, and could very well be how you arrived at what you’re reading right now.

Source: How Trump Conquered Facebook Without Russian Ads | WIRED