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Many ATMs now have a "please wait..." screen which pauses for a few seconds... to show you a random ad. All of these are textbook examples of how markets actua
by TheOtherHobbes 5y ago
Many ATMs now have a "please wait..." screen which pauses for a few seconds... to show you a random ad.
All of these are textbook examples of how markets actually add friction.
You could have a single centralised ATM/payment network with a national or even global transaction standard for different application UIs, hardware, and software.
But instead everyone duplicates effort to build their own version, some of the versions have exploitative features, and the job is done poorly - although no doubt it's profitable for the shareholders.
- HWR_14 5y ago> Many ATMs now have a "please wait..." screen which pauses for a few seconds... to show you a random ad. Thank goodness I've never seen this. Where are you that this is a thing?
- Someone 5y agoI guess the next steps are: - changing the random ad to a recommendation based on your credit card and parking history (and car age and type, derived from camera, or from the license plate) - a quiz question to check that you watched the ad - a subscription with your credit card company to get checkouts without ads Progress! /s