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That's very extreme. To solve the problem of capturing all profit, society just needs to agree some k so that all ad bidders only bid so much as would give them
by brainwad 7y ago
That's very extreme. To solve the problem of capturing all profit, society just needs to agree some k so that all ad bidders only bid so much as would give them ROI of 1+k, instead of bidding all the way down to ROI of 1.
- goatinaboat 7y agoIt’s not extreme at all. Ad people justify what they do as informing the public of new products. So let ads be regulated to plain black text on a white background to be shown only on ad pages that people must specifically visit, and we’ll see the truth of that assessment. The real truth of advertising is that it is engineered to exploit flaws in the human psyche to hack a human into acting against their own best interests. To buy a product they don’t need, or to vote for a candidate that will harm them. It is toxic, and those who create it and distribute it are toxic.
- kerkeslager 7y agoHacker News, where the problem with lying to people to sell them inferior products they don't need is that it costs too much.