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The web didn't invent advertising as a business model. It has worked and been around for a very long time.
by utnick 18y ago
The web didn't invent advertising as a business model. It has worked and been around for a very long time.
- tptacek 18y agoIt works for a tiny fraction of the whole economy; in fact, even in media, ad-supported content is only a fraction of the revenue --- the motion picture industry is for instance significantly larger than ad-supported network television.
- run4yourlives 18y agoI contend that advertising is basically overpriced in general, and was a house of cards waiting to fall. Once the internet allowed an accurate assessment of how well particular ads worked, its vulnerabilities were laid bare. Note that I'm not suggesting it doesn't work at all, just that it has been overvalued.