> Advertising is ultimately a doomed business model as it works against your users' interests From the dawn of mass media it has been subsidized by ads. Newspa

> Advertising is ultimately a doomed business model as it works against your users' interests From the dawn of mass media it has been subsidized by ads. Newspapers, radio, magazines, television, movies (through product placement), music (through sponsorship), podcasts, and even outside of media: sports, schools, mass transit, etc. Ads have been a monetization strategy across a mind bogglingly broad cross-section of society for over 200 years. Individualized ads may get regulated out of existence or maybe even out-competed by more consumer friendly options, but people by and large like the subsidies ads provide. Ad supported music, tv, and movie streaming is wildly popular. HN users often post archive.is links to bypass paywalls which actually opts into a paid-for-by-ads experience. What we see with meta is their ads becoming less valuable and their stock reflecting that. I think it’s a huge mistake to draw any conclusions about the business of ads other than ads are controlled by the platform. Apple is hoping these ad dollars flow to them, not that the ads go away.