Advertising spend is not zero-sum. Budgets are determined by advertising efficiency; if a new platform comes along that significantly improves cost per conversion, then you'd allocate more money than before. The reason advertisers are flocking to Google and Facebook is because of their advertisement efficiency (through targeting), and this has lead to an increase in overall advertiser spending.
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Advertising spend is not zero-sum. Budgets are determined by advertising efficiency; if a new platform comes along that significantly improves cost per conversion, then you'd allocate more money than before. The reason advertisers are flocking to Google and Facebook is because of their advertisement efficiency (through targeting), and this has lead to an increase in overall advertiser spending.