This week, Julius and Ben discuss how AI is reshaping advertising, focusing on Google’s push toward conversational ads and the challenge of making ads feel native in AI-generated answers. They compare current LLM ad placements to early Google AdWords, arguing relevance and creativity are still lacking and that platforms may be prioritizing revenue. They break down why Messi is a powerful (but expensive) co-branding play for World Cup campaigns, and how Duolingo is shifting toward creators as organic reach declines.