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Opinion of Auto Ads?

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Google recently released Auto Ads offering, which uses machine learning to optimize available ad placements, is both appealing and terrifying at the same time. I'm Ok with the general idea of letting Google set to work squeezing out a few more clicks but I'm interested to know if anyone is concerned with turning over the monetization keys to Google in this way and losing some control of the design experience as a result. Just curious to hear some different opinions.  

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