This Week

The Current

Issue 03, 24 August 2026 · 5 minute read · Past editions
A laptop screen showing marketing analytics

Photo by ThisIsEngineering via Pexels.

If social media for your business feels like a moving target, this is for you. Plain, honest notes each week on what's actually working, from two people who run it for a living. No sign-up yet, just this week's issue.

Worth Knowing

Two things worth understanding this week

Paid ads amplify what's already working, they don't fix a weak offer

There are two ad stories in this issue, so I want to say the boring thing before either of them: paid budget is a multiplier, not a repair job. If you put money behind a post nobody engaged with organically, you don't get results, you get the same indifference delivered to more people and an invoice at the end of it. The way we do it, and the way I'd do it if I were you, is to let content prove itself first, so you post the thing, you watch whether it actually holds people, whether they comment or save it or come back, and only then do you put budget behind the ones that have already earned it. That way you're paying to reach more of the people who were always going to respond, instead of paying to find out that the offer wasn't landing.

Pick one or two platforms your audience actually uses, and let the rest sit

Most small businesses I talk to are on four or five platforms and doing a fairly poor job on all of them, because it's one person fitting it around actually running the business. Spreading across everything feels safer, and I think it's usually the thing that makes the whole effort feel pointless, because nowhere gets enough attention to build any momentum. So it's worth being honest about where your customers actually are rather than where you feel you're supposed to be, going properly deep on one or two, and quietly letting the others go dormant. A quiet profile costs you very little, and a half-hearted one across five platforms costs you exactly the time you needed to make the first one good.

Under the Hood

From today, a YouTube view means something different


YouTube announced on 17 August that from today, 24 August, a view gets counted the moment a video starts playing. Until now a long-form video or a livestream needed roughly thirty seconds of watch time before it counted as a view, while Shorts have been counted from the first frame since March last year, so this puts all three formats on the same rule and brings YouTube in line with how TikTok and Instagram have always done it.

The immediate effect is that public view counts across YouTube are going to rise, and none of that is because anyone's content got better. If you compare this month to last month on YouTube, or you send numbers to anyone, that comparison is broken as of today, and it's worth writing that down somewhere before you forget you knew it.

Your view counts are about to jump, and none of it means your content got better.

The number that actually told you something hasn't disappeared, it just got renamed. The old measure is now called an engaged view, it lives in YouTube Studio's analytics under advanced mode, and that's the one to look at if you want to know whether people watched rather than just landed. YouTube has also confirmed this doesn't change payouts or Partner Program eligibility, because both of those still run on engaged views and engaged watch hours, so nobody's earnings move because of it.

So the practical version: go and find engaged views in your analytics this week and treat that as your real number from here on. Public view counts were always the softest thing on the platform, and as of today they got softer.

Fair Warning

Google is upgrading your Search campaigns for you on 1 September


If you run Google Search ads, this one has a date on it and the date is next Tuesday. Google emailed affected advertisers in early August and published the technical detail on its developer blog on 12 August: from 1 September, any Search campaign still using automatically created assets or the campaign-level broad match setting gets upgraded to AI Max automatically, whether you asked for it or not.

AI Max is Google's bundle of AI matching and creative features, and the honest short version of what it does is give Google more room to move, both in deciding which searches your ads appear against and in rewriting your headlines and descriptions. Campaigns pulled in because of automatically created assets get search term matching and text customisation switched on by default. Campaigns pulled in because of the broad match setting get search term matching.

There's no advance opt-out button, which is the part I find genuinely annoying.

Google hasn't published a way to decline it in advance, which is the part I find genuinely annoying, so the choice you actually have is a slightly awkward one. You can turn off automatically created assets or the campaign-level broad match setting in the affected campaigns before 1 September, which takes you out of the automatic upgrade, or you can let it happen and then switch AI Max off at campaign level afterwards. Google also stopped anyone creating new campaign-level broad match or legacy automatically created assets back on 3 August, so this is clearly the direction of travel rather than a trial.

What I won't tell you is whether it's good or bad for you, because there's no independent data yet on what AI Max does to a small budget, and Google's case for it is Google's case. What I would do is open the account this week, note which campaigns are affected, write down what your cost per lead looks like right now, and then actually go back and check it in the middle of September. If the numbers get worse you'll badly want that before picture, and if they get better you'll want to know that too.

New Tool

Meta has put a marketing analyst inside Meta AI, free to start


On 19 August Meta added a set of business features to Meta AI aimed squarely at people running their own marketing. If you've got a professional Facebook or Instagram account you can connect it, along with your Meta ad campaigns and your Google Workspace, meaning Gmail, Docs, Sheets and Slides, and then just ask questions in plain language: how last month's posts did, which ads are still working and which have gone stale, where the budget isn't pulling its weight. It'll build a document or a spreadsheet out of what it finds, and you can set recurring tasks so a report turns up without you having to ask for it again every time. It's live across meta.ai, the Meta AI app, and a new desktop app that landed on the Mac the same day. Meta says it's free to get started and that businesses wanting heavier use will eventually need a Meta One subscription, which tells you roughly where this is heading.

Two honest caveats. The first is that Meta is marking its own homework here, so an assistant built by the company selling you the ads is going to be structurally optimistic about the ads, and "spend a bit more" is the easiest recommendation in the world for it to arrive at. The second is that connecting your Gmail and your Docs to Meta is a real decision rather than a small one, so if you do try it, I'd connect the social and ad accounts first and leave Workspace out of it until you've seen whether the thing is actually useful to you.

With all that said, this is the first version of this idea I'd suggest a small business owner spend twenty minutes on, because the honest alternative most people are using is staring at Meta's own dashboard and guessing.

A person checking a social media grid on their phone next to a laptop

Photo by Plann via Pexels.

What's Actually Moving

Reddit has quietly become somewhere small businesses buy ads


Reddit reported its June quarter on 30 July, and the numbers are worth a look even if you've never thought of it as a marketing platform. Revenue was $805 million for the quarter, up 61% on the same quarter a year earlier, with advertising specifically at $762 million and up 64%. The line in there that matters most for you is that Reddit's mid-market and small-business channel revenue more than doubled, and that isn't big brands, that's businesses closer to your size deciding to give it a go.

Ads
64%
Revenue
61%
Weekly
24%
Daily
18%

Reddit's June-quarter growth against the same quarter a year earlier: advertising revenue, total revenue, weekly active uniques and daily active uniques. Source: Reddit Q2 2026 results, reported 30 July 2026.

The reason I think this matters isn't really the ad platform though, it's why people are there in the first place. Reddit is one of the few places left where somebody can ask who's actually any good at something in their city and get answers from people with no stake in the outcome, and as more of the open web fills up with writing built to rank rather than to help, that kind of answer gets more valuable rather than less.

People go there to ask who's actually any good, and get an answer from someone with no stake in it.

Reddit's own results hint at the other side of that, because its share price dropped about 11% after it told investors search referrals had been choppy, which is a fair reminder that a lot of its traffic still arrives by way of Google and that isn't entirely in Reddit's hands.

The practical version is smaller than the numbers make it sound. Go and find the subreddit your customers are actually in, read it for a fortnight without posting anything, and then be genuinely useful in it as yourself, because Reddit is unusually good at spotting and removing someone who's turned up purely to advertise. If you get to the point where people mention you without being asked, that's worth considerably more than any campaign you could run there.

AI Corner

What's actually good right now


Disclosed upfront: this newsletter is partly written with Claude, so take our AI opinions here as disclosed rather than neutral.

Best all-round assistant

Claude Opus 5 is still at the top of Artificial Analysis's Intelligence Index at around 63, and it's what we use for planning and drafting. The rankings do split by job though: Gemini 3.1 Pro leads on reasoning, and Claude Fable 5 sits first on LMArena's text leaderboard, which is the one closest to writing.

Best for images

GPT Image 2 still tops Artificial Analysis's image arena, and it's the one to reach for when the words on the image have to be readable, which in marketing is most of the time. Google's Nano Banana Pro leads the editing arenas, so if you're changing an existing photo rather than making one, start there instead.

Best for video

The video models are bunched far tighter than the marketing suggests, with only about 150 Elo separating first from eleventh on Artificial Analysis's arena, so choose on price and clip length rather than on rank. If you already advertise on TikTok, Symphony's built-in generator moved to Seedance 2.5 on 3 August and now runs to 30 seconds.

Worth flagging

OpenAI is out of video generation. The Sora app closed on 26 April and the API switches off on 24 September, which OpenAI has confirmed in its own help centre. If you or anyone you're paying has built a workflow on Sora, that's about a month's notice to move it, and I think it's a fair reminder not to wire your whole process into a single model, because the model you depend on is not necessarily one anybody has promised to keep running.

From The Studio

What we're doing about the view count change


The YouTube change up the front is the sort of thing that quietly makes reporting dishonest if nobody mentions it, so here's what we're doing on our end. Every YouTube number we've put in front of anyone before today was measured a different way to every number that comes after it, and we'll be saying so on the reports rather than letting a nice jump sit there looking like progress. It's a small thing, but I think a fair bit of why people distrust marketing reporting is that nobody ever flags the moments where the ruler changed. Our own case studies are still being built out, starting with two years of Dr Crack Wax content, and when they land you'll see the same caveats written into those, because a number without its context isn't worth much to either of us.

Zaine, co-founder of Monsoon Media

Zaine

Tom, co-founder of Monsoon Media

Tom