Receipt

    Filed August 30, 2026

    Partially right.

    The short version

    Joseph Jaffe predicted on May 25, 2005: “Book thesis: traditional advertising - print, radio, and "most notably, television" in the form of the 30-second spot - "no longer works."” Verdict: Partially right. Twenty years on, the 30-second spot has lost share to digital and streaming but US TV advertising still takes tens of billions of dollars annually - the funeral…

    Prediction by

    Joseph Jaffe

    On May 25, 2005

    Book thesis: traditional advertising - print, radio, and "most notably, television" in the form of the 30-second spot - "no longer works."

    Follow-up

    Twenty years on, the 30-second spot has lost share to digital and streaming but US TV advertising still takes tens of billions of dollars annually - the funeral was early, the erosion was real.

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    From the High Caliber AI network — see the AI for PR module in the course.