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If ads were going to become honest and informative, it would have happened already. A sale from a lie is equal in value to a sale from the truth.
by pnut 9y ago
If ads were going to become honest and informative, it would have happened already. A sale from a lie is equal in value to a sale from the truth.
- TeMPOraL 9y ago> A sale from a lie is equal in value to a sale from the truth. And a sale from a lie is also cheaper to achieve than a sale from the truth. So even if your ads are always 100% honest, if your competitor starts lying, you're forced to either do the same, or risk going out of business. This is how the market optimizes human values away as inefficiencies.
- awinter-py 9y agonot always -- returns are pretty expensive for retailers.