I know the following doesn't have a lot of 'scientific' basis behind it, but I thought I might raise it for discussion anyway.
I've noticed recently that on one of my two Adsense populated sites, a dramatic increase in image ads over text-based ones.
When I originally started with Adsense, about 5 years ago, it was predominantly (almost exclusively) text ads that seemed to be appearing.
I'm guessing that some of this has to do with site targeting (which might explain the difference between my two sites). But certainly, in the past year, my main site seems to be dominated by image ads. And in the past few months this seems to have increased yet further.
I've also noticed a dramatic lessening of income during this period, but switching off image ads doesn't appear to make much difference.
Anyone notice anything similar?