Receipt

    Filed August 23, 2026

    Called it.

    The short version

    Tim Armstrong predicted on August 7, 2013: “a decade-long transition that will redirect of billions dollars from advertising to-based web video advertising.” Verdict: Called it. Between 2013 and 2023, there was a substantial shift of ad spending into online video, primarily through programmatic channels. Digital video ad spend grew into tens of billions annually, and the ad-tech ecosystem underwent significant…

    Prediction by

    Tim Armstrong

    On August 7, 2013

    a decade-long transition that will redirect of billions dollars from advertising to-based web video advertising.

    Follow-up

    Between 2013 and 2023, there was a substantial shift of ad spending into online video, primarily through programmatic channels. Digital video ad spend grew into tens of billions annually, and the ad-tech ecosystem underwent significant consolidation, aligning with Armstrong's forecast.

    Original source

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