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The underlying point is game theoretical: ads are driven to these methods because within their niches, they're zero sum games (and negative sum for society at l
by barrkel 2y ago
The underlying point is game theoretical: ads are driven to these methods because within their niches, they're zero sum games (and negative sum for society at large due to externalities).
> Honestly it's hard to see how we get to this level of speed and content online without it having been funded by advertising.
I don't understand what this means. Most content online that isn't user generated (forums, blogs, wikipedia, YT, short form video etc) is junk. Most of it is made for free. The distribution has costs - but it's extremely unclear the costs couldn't be solved in different ways. Serving text is ultra cheap. Torrents distribute way more video than industry is happy with. We didn't need to take this path.
- EncomLab 2y agoAll of that "free" and "cheap" stuff has not always been free or cheap - even a decade ago. In the mid-late 90's when these decisions were being made even hosting a minimal site was incredibly expensive and largely the realm of universities and big business.