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This is harsh. GP's theory doesn't clash with traditional economics. One reasonable answer to your question: TV companies didn't increase the number of ads bec

This is harsh. GP's theory doesn't clash with traditional economics. One reasonable answer to your question: TV companies didn't increase the number of ads because consumers would switch to a channel with fewer ads. In fact, they showed just enough ads to break even, as the marginal ad revenue per hour tended towards the cost of producing an hour of television (because of the perfectly competitive TV market you posit). Now the cost has stayed the same, but the number of eyeballs has dropped, so TV networks need to show more ads or go out of business.

LexGray 5y ago
Tv failing from pushing advertising again is getting relevant to the current state of social media. The amount of time Twitter, Reddit, Facebook, etc. try to keep their customers away from the content they came for is astonishing. I recently deleted Twitter because they were spamming me with notifications in the app that they were not able to spam me with notifications outside the app for live streams I never showed the slightest interest in and half the posts were topics I never chose to follow. Reddit is neatly as bad with their random top streamer stuffed into unrelated subs, daily requests to add more interests, and a popular and news tab that are toxic. I don’t mind the occasional sponsored item but I am pretty sure Facebook is nearing a 1:1 ratio for junk to content. There most of the content is junk too. I just check my notifications at this point because I can’t make heads or tails of what they show and what they hide or the sort order of what they do choose to present. It is like they learned nothing from why tv and radio dying and are competing to see who becomes irrelevant the fastest.
- YuccaGloriosa 5y ago
  Even Facebook is trying to distance itself from Facebook these days. I accidentally went to TVguide.co.uk today, on a different PC to usual, not equipped with ad blocking, it was barely usable due to ads.
YuccaGloriosa 5y ago
In the UK at least, TV stations have a limit on the duration of ads per hour.

LexGray 5y ago

Tv failing from pushing advertising again is getting relevant to the current state of social media. The amount of time Twitter, Reddit, Facebook, etc. try to keep their customers away from the content they came for is astonishing. I recently deleted Twitter because they were spamming me with notifications in the app that they were not able to spam me with notifications outside the app for live streams I never showed the slightest interest in and half the posts were topics I never chose to follow. Reddit is neatly as bad with their random top streamer stuffed into unrelated subs, daily requests to add more interests, and a popular and news tab that are toxic. I don’t mind the occasional sponsored item but I am pretty sure Facebook is nearing a 1:1 ratio for junk to content. There most of the content is junk too. I just check my notifications at this point because I can’t make heads or tails of what they show and what they hide or the sort order of what they do choose to present. It is like they learned nothing from why tv and radio dying and are competing to see who becomes irrelevant the fastest.

YuccaGloriosa 5y ago
Even Facebook is trying to distance itself from Facebook these days. I accidentally went to TVguide.co.uk today, on a different PC to usual, not equipped with ad blocking, it was barely usable due to ads.

YuccaGloriosa 5y ago

In the UK at least, TV stations have a limit on the duration of ads per hour.