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"advertising is still the monetisation of the internet / of things" That works pretty well after only a couple generations of concentration of wealth at the to
by VLM 12y ago
"advertising is still the monetisation of the internet / of things"
That works pretty well after only a couple generations of concentration of wealth at the top.
In the long run, during the dark ages or during the Roman Empire era, how many highway billboards were there?
A glance at images.google.com doesn't show much advertising in Bangladesh, or at least it doesn't look like Vegas does today.
It would be wise to come up with an alternative funding model for the internet / internet of things if the former 1st world is moving as fast as possible to the 3rd world model of a couple rich guys having all the money and all the land and all the power, and everyone else gets $1/day for rice 'n beans and some bread 'n circuses.
I'm not trying to make a political point that this is wrong or should be changed (although I agree with that) merely making the point of take existing multi-generational graphs and extend the lines and if you think you're going to "finance the entire internet" by mortgage broker banner ads when the population has no money to spend, you're likely to be horribly disappointed.
Or rephrased another way the likely cause of death of cable TV is not likely to be a superior tech, but a lack of money to buy subscriptions.
- lifeisstillgood 12y agoI like the idea that advertising represents a healthy society in that there is enough wealth spread about to make ads effective (no point advertising to the destitute) I was however arguing against using ads to find the internet of things - not sure what will be the business model but ads just do not cut it.