Earlier quoted context omitted.
Here is what I know. I know if I open a newspaper, I see ads for businesses, both local and national. If I go to the newspaper’s website, I see ads for one weird trick, the same ads on every site and in every city, and essentially no meaningful local content. Yes, things on Facebook are different, but Facebook is not a publisher, it’s a parasite, so who cares?
1) Banner ads on websites are often targeted via networks, often Google. 2) Those 'stupid ads' are often targeted, and they make money, sadly. 3) You're probably not accounting for the majority of ads you see. If you literally tracked/recorded every ad, you might see a different picture. 4) Many ads are not very well targeted, yes, and that's why you see irrelevance. Well-targeted ads are generally more relevant (som…
3 is you're telling me not to believe my eyes. I'm sorry, there are some things that are so dumb you have to be very smart to trick yourself into believing them. You don't need a sophisticated statistical analysis to know what kind of advertisements you see where.
4 is circular reasoning. "Targeted ads are better than non-targeted, so if (per 1 and 2) I've already conceded that many targeted ads are garbage, I need to hypothesize (3) that the non-targeted ads are somehow worse even against the evidence of sense."
5: Google and Facebook are separate entities and need separate explanations. Facebook is a pure parasite. It does nothing for publishers except drive them traffic (which is in itself, a cost center, not a profit center). Publishers need to figure out how to convert traffic into profit. If we're talking about publishing, that requires the ads to be on their site, which means Google. But Google is screwing the publishers too because they can track and deliver eyeballs from anywhere.
It's just an obviously sick ecosystem. People have been doing advertising supported publishing since the 19th century, and it was fine until ten minutes ago, when suddenly tracking was possible. Coincidentally, ad supported publishing collapsed at the same time that tracking became possible. Is this really a coincidence? You've got to be pretty clever to convince yourself that it is…