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Retail, search and Amazon’s $40B ‘advertising’ business

ben-evans.com

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Re: Retail, search and Amazon’s $40B ‘advertising’ business

#92

Original HN title used the information in the second line from the blog post, something like: "In 2021 Amazon ad revenue [was] more than the entire global newspaper industry." Hence some of the comments focus on newspaper business.

Thats why quality of news coverage has gone to shit, and democracy is struggling.

You pay peanuts, you get monkeys.

Re: Retail, search and Amazon’s $40B ‘advertising’ business

#93
post #18

This is egregious imo. Amazon needs to be broken up

Lots of these companies need to be broken up. Facebook in particular given that their erroneous metrics literally put several media companies out of business. Not only did they charge for nonexistent engagement, but the BS engagement numbers they were providing were so enticing that it created a huge push towards expensive-to-create video content. https://www.theverge.com/2018/10/17/17989712/facebook-inaccu...

thats some proper good old fashioned fraud

Re: Retail, search and Amazon’s $40B ‘advertising’ business

#94
post #70

Earlier quoted context omitted.

The most satisfying experience for me at the moment is the suggestions I get on a new tab in chrome on Android. Not because the suggestions are amazingly good - sometimes they're ok - but because when they lead to some crap-infested site I can click to not see that site any more. That ability to cull keeps the suggestions workable for me. I genuinely think the Google would benefit hugely by making this a possibility…

> That ability to cull keeps the suggestions workable for me. Don't you have better use for your time? Normalizing the disaster that has become the internet (and absolving the key actors in that development) is robbing us all from experiencing a more sane online life.

Once google makes it possible, the next step will be a browser extension to synchronise with a crowdsourced list.

These lists will of course be at risk of the same pressures as ad blockers, with incentives for list maintainers to accept bribes to remove entries.

But over time, the quality of the lists will improve and so too will the quality of the UX for users of the aforementioned extensions. That is, assuming the goose isn't cooked already.

Re: Retail, search and Amazon’s $40B ‘advertising’ business

#95
post #41

Earlier quoted context omitted.

YouTube's monetization and algorithms incentivized content to be bloated with fluff like long intros, outros, intermissions, shoutouts, life updates, sponsorships, etc. Basically content that added no value to the user and only exists to make the video long enough to qualify for more ad pods. A 10 minute video would often only have 2 minutes of relevant content. TikTok encourages the opposite: so content creators cra…

TikTok encourages fast consumable content (fast fashion), not information. And yes there could be fluff in longer form videos? But that also can included context, and allow the viewer to skip or watch at their own pace. You could listen to an audio book at 10x speed, but would you retain much of it? I guess i would say, TikTok information is the personification of the meme of "How to Draw an Owl" quick and short. But…

from my recollection of Scott Young's blog and to a certain extent my personal experience, you can generally up the video speed to 1.5x-2x and retain the same amount of comprehension - people generally talk much slower than you you can understand, because it takes more effort to say something than understand it.

Re: Retail, search and Amazon’s $40B ‘advertising’ business

#96
post #50
post #42

Earlier quoted context omitted.

Conflict of interest. Making a platform and using it yourself naturally corrupts you, the incentives are too strong.

What interest is conflicting, exactly? Seems like interests would be pretty perfectly aligned to maximize revenue.

Yes, at the expwnse of their customers and the law.

Thats what conflict of onterest means

Re: Retail, search and Amazon’s $40B ‘advertising’ business

#97
Amazon is really shit now. You try to buy a product and instead of showing you the actual brands it just shows you alibaba scam products.

I have to go to other sites and find the actual products and then search directly on amazon. It won’t be long before I just stop using amazon altogether.

Re: Retail, search and Amazon’s $40B ‘advertising’ business

#98
post #11

This is egregious imo. Amazon needs to be broken up

Walmart too. And Target. And grocery stores. I am not sure people are really prepared to take the implication of how unfair Amazon seems to its logical conclusion, because it means undermining a lot of what makes us comfortable in modern life under capitalism. Regulation targeted at increasing competition (breakups, rather than regulation Amazon as a monopoly of a kind and entrenching them) might result in a better o…

> undermining a lot of what makes us comfortable in modern life under capitalism

I read Wealth of Nations, did I miss the part where it says:

"you should have a single global company control most of the market"?

Every economist writes about importance of competition.

If you want to keep around giant monopolies, you are not capitalist.

Re: Retail, search and Amazon’s $40B ‘advertising’ business

#99

Original HN title used the information in the second line from the blog post, something like: "In 2021 Amazon ad revenue [was] more than the entire global newspaper industry." Hence some of the comments focus on newspaper business.

Thats why quality of news coverage has gone to shit, and democracy is struggling. You pay peanuts, you get monkeys.

I blame television + social media favoring stupid, anger inducing soundbites over well thought out rhetoric.

And Duverger's law [0] leading to a duopoly of two political parties who spend all their time bickering and scheming to get more power because they've decided politics is a football game where the goal is to score more than the other team and not a civic duty to run the country for the benefit of the people.

[0] https://en.wikipedia.org/wiki/Duverger%27s_law

Re: Retail, search and Amazon’s $40B ‘advertising’ business

#100

Earlier quoted context omitted.

it's just simply that cooking is a very basic skill. it only requires that you do it. you don't need to study hard to learn to cook. The average person can learn to cook from someone who already can do it (usually it's your parents...) in a week. It usually happens at the age of 15. From then on it's only a matter of practicing and experimenting. It doesn't require a tutor, contrary to what TV shows like master chef…

> it's just simply that cooking is a very basic skill So? Millions of people lack basic skills, like 1/3 of the population struggles with digital skills. Some skills are basic but obscure - maintenance of a bicycle is a basic, but if you never has a bicycle, you won't have it. Or maybe prepping a live fish for cooking.

> So? Millions of people lack basic skills, like 1/3 of the population struggles with digital skills.

You mean people can't use their hands?

Digital skills are not real skills, they are imaginary skills that mostly boil down to "they don't know software products" but they also "don't care about them" and it's a very very very broad field, many people take for granted their knowledge about complex stuff, but basic "digital skills" are easily learned through simply doing it. Just like cooking, but less useful.

Coincidentally, I never used TikTok, I don't know how it works, it's one of the few Chinese stuff that I really don't care about (but it's ironically loved by Americans who also hate China for everything else). Based on this sentence many people would say that I lack basic digital skills, but I am also a professional software engineer since 1996. Many of the things that are basic digital skills for me, are advanced stuff for people who only use a smartphone. Many basic skills, like using a real keyboard, are alien to touchscreen natives. And so on. TikTok is not a skill, but if it was I would lack that skill.

Meanwhile cooking is something that anybody can do, even chimps ca do it

https://www.theguardian.com/science/2015/jun/03/chimpanzees-...

> Some skills are basic but obscure - maintenance of a bicycle is a basic, but if you never has a bicycle, you won't have it.

as I've said, biking is harder than cooking.

> Or maybe prepping a live fish for cooking.

If you cook it in its entirety in the oven or on a grill, it will be edible, and will taste good.

Or fry it, fried lattarini are cooked exactly like that, you eat them whole.

https://www.tusciatimes.eu/wp-content/uploads/2018/06/lattar...

Virtually every animal that is not an insect can be cooked the same way: open the belly, remove internal organs, cook it. Done. .

Fancy recipes are not "cooking", there's the same distance between playing soccer with your friends and being a professional soccer player.

Saying that TikTok helped someone to learn how to cook is misleading, the merit is of the person that started doing it and learned how to do it by doing it.

Replace TikTok with "grandma book of recipe" and the result is the same.

TikTok has no real value in this story, it just happened that someone used it for inspiration because that's what that person knew. Coincidence is not the same thing of correlation.

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