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The markets are working. 1. Even with the bots, the price made sense for advertisers for so long because of how cheap ads were. 2. Its starting to not make as
by edwnj 4y ago
The markets are working.
1. Even with the bots, the price made sense for advertisers for so long because of how cheap ads were.
2. Its starting to not make as much sense and now we are getting these accusations thrown at platforms etc.
TLDR: Markets work but just not real time and not very perfectly. The issue with rules (esp excessive rules) is the corruption of the rule maker. To enforce these rules, the rule maker tends to have the ultimate capability for coercion.
And If you think "voting" prevents this corruption then you are r*ar*ed. Let alone the corruption of the masses which btw has resulted in the greatest acts of violence in history (USSR, Cambodia, Nazi Germany, 20th century Japan, French Revolution..)
- hdjjhhvvhga 4y ago> and now we are getting these accusations thrown at platforms etc. What?! This problem existed for so many years! And it wasn't some niche knowledge but pretty mainstream already in 2014 (Veritassium video "Facebook Fraud" with 6M views): https://www.youtube.com/watch?v=oVfHeWTKjag https://www.youtube.com/watch?v=oVfHeWTKjag
- seti0Cha 4y agoI think the point is, the problem isn't a problem if it is priced into the product. It's cheap as hell to show ads on a cost per delivery model because the value is low, in part because of bots, in part because people don't click on ads much and in part because it's not clear how useful they are for building brand awareness. If there are more bots than previously suspected, sites will need to charge less to account for that. That's how the market functions, not a sign that it is not functioning.
- ClumsyPilot 4y agoSounds like to you, even the casting couch and sexual favours are an example of working free market. Something along the lines of secretary that provides blowjobs for the CEO ensures they are always at the top of their game?