2 ms·
100 Billion is a vast overstatement.
by throwaway2048 7y ago
100 Billion is a vast overstatement.
- brycesbeard 7y agoIn 2018, google sold 118 billion worth of ads. Parent was saying (I think) that all ads present misleading narratives so google would have to ban all ads.
- miguelmota 7y agoIs it though? > A staggering $24.1 billion of Google's $27.77 billion revenue for Q3 2018 was from advertising – roughly a 22% increase from $19.8 billion in Q3 2017. source: https://www.investopedia.com/articles/investing/020515/business-google.asp https://www.investopedia.com/articles/investing/020515/busin...
- ddingus 7y agoOver a decade, from politics, that amount is high, but not unreasonable. Phrased in terms of opportunity cost, it's appropriate, again if a bit high. Media gets YUGE dollars from politics. That flow of money in politics is one of the biggest problems in the US. Many want to fix it. That risk, in terms of the financial opportunity assessment under discussion right now, would reasonably ratchet that number down further.