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And what about all the sales that are made through Facebook ads? They support millions of jobs around the world. A less efficient ad machine would mean worse sa
by pradn 6y ago
And what about all the sales that are made through Facebook ads? They support millions of jobs around the world. A less efficient ad machine would mean worse sales or higher marketing costs or both. Some of this excess goes directly to profits, but a good chunk of it supports employment.
Imagine if we got rid of all advertising and what that would do to demand. I know the discussion here is centered on targeted ads, but I think there would be significant economic effects if their incidence was decreased.
The global consumer economy runs on all these extra desires created by ads, and ads do fulfil the function of informing customers.
If I have to see ads (and I really don't), I'm not against tracking ads per se, but the long-term storage of them. Given current technology and governance, there's not a way to separate these two.
In any case, there's significant economic effects to stopping tracking ads.