Wasted banner ads?

I was on slideshare today and noticed a peculiar phenomenon - one that I have seen in the past but only on smaller blogs/websites.  Essentially it was 1 particular ad, repeated several times in close proximity to one another.  In my mind this is a complete waste of advertising spend. Well, maybe not a complete waste, but the fact that the left hand ad is repeated twice is very distracting visually, and it compels me NOT to look at the ad. A better effect would just to use the "skyscraper" ad format. 

 

But at least Google is making money.

 

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