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It's the never-ending game of get the maximum bag See, advertising was getting the bag for a while but that's crashing as people reject the constant surveillan
by AndrewKemendo 4y ago
It's the never-ending game of get the maximum bag
See, advertising was getting the bag for a while but that's crashing as people reject the constant surveillance that feeds it
Now that they hooked you though, they need to make sure to keep advertising backed levels of profit growth in order to ensure that stock prices continue to rise, so the only thing to do is....raise prices.
But shit, you don't pay anything now, or if you do it's too low to cover the spread and you won't like an annual dollar figure, plus if we have recurring revenue and dark patterns then we can make sure we just trickle and trick you into giving us way more than you ever would have if we had a regular subscription to start.
So it's pretty simple - it's the never-ending game of, how can we use the promise of infinite money (raising money) to find high margin profit for our investors, make switching costs hard and then deliver the minimum level of service to ensure that you don't get so fed up that you easily switch.
- Waterluvian 4y ago> people reject the constant surveillance that feeds it I’m curious about this. Is this an opinion or is there data to support this? I’m interested because my intuition (not supported by data) is that the average person doesn’t care about that kind of thing, and the most likely explanation is that the volume of advertising is getting absolutely ridiculous.
- yazzku 4y agoYeah, they got the effect right but not the cause.
- AndrewKemendo 4y agoAll you have to do is look at legislation globally around data, as well as the massive un-allocated advertising placement over the last year or two https://www.cnbc.com/2022/04/26/youtubes-huge-miss-shows-digital-media-ad-market-is-getting-hit-hard.html https://www.cnbc.com/2022/04/26/youtubes-huge-miss-shows-dig...
- dgudkov 4y ago> It's the never-ending game of get the maximum bag Yeah, it's an ages old game. It's called capitalism.
- AndrewKemendo 4y agoIt's funny, once you see it you can't stop seeing it