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The ad-based internet is dying, and it's getting worse in the process [video]

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Re: The ad-based internet is dying, and it's getting worse in the process [video]

#121
post #112

Earlier quoted context omitted.

Everyone understands that ads pay for sites. You can want something for free while still understanding how adverts work.

Honest question: how can you expect stuff for free without ads?

Using VC money? It's not even people's fault as well. For more than a decade, VC has spoiled people to expect internet to just work for free.

Re: The ad-based internet is dying, and it's getting worse in the process [video]

#122

Earlier quoted context omitted.

The YouTube channel Second Thought recently put out a video ( https://www.youtube.com/watch?v=3gSzzuY1Yw0 ) whose thesis was that even being cheaper than fossil fuels is not / will not be enough for green energy to win, because under capitalism a cheap thing that also has low profit margin will not attract investment compared to a bit more expensive thing which can be exploited for more profit. I wonder if a similar…

Amusing video. 0/ I have a different theory. But first... New projects have stalled because of permitting bottlenecks. 1/ Investment in '22 was $1.1 trillion dollars. Another record. https://about.bnef.com/new-energy-outlook/ 2/ There's plenty of other investors. Like utilities, NGOs, govts, and customers. Here's the list of projects in Bhadla Solar Park. https://cms.mercomindia.com/wp-content/uploads/2020/03/List-..…

> "Pay us! Or we kill the planet!"

Well it used to be "Pay us! And we kill the planet!"

My opinion is that the "or" operator is an improvement over the old. It implies that there is a chance to save the planet.

>My vote is for nationalizing all the fossil fuel companies

This will have exactly the opposite effect as you are envisioning. Having every citizen benefit from fossil fuels will make them much harder to keep in the ground.

If you haven't already done so, read Kim Stanley Robinson's article on this topic: https://www.noemamag.com/paying-ourselves-to-decarbonize/

Re: The ad-based internet is dying, and it's getting worse in the process [video]

#123
post #70

I work in the ad industry. I have some expertise both on witnessing the alleged decline and counter-acting it. Before anyone asks about my moral compass I do not like ads, I never have, but they're an inevitability. The problems big ad tech face are unique and very hard especially w.r.t. to data. Anyway, ads are not dying. By and large ad quality is getting better. There are several companies that exist now to pre-sc…

It’s also a matter of equity. The instant the cost moves off of “free”, hundreds of millions of people are excluded. Each person has to evaluate their own costs and benefits, but services that don’t charge offer value to the most poor at an unbeatable price.

To be fair, there is a dramatic difference between the free you are talking about and the free that youtube, facebook, etc are. It's one thing to offer a small website or something for free. It's another thing to power a million, or even billion, dollar infrastructure and the supporting staff on charity. It's part of the reason I drew a parallel to OSS. The "free" it is isn't free in the charitable sense. It's free in the sense, ideally, you should contribute something. In the case of ads - it's your eyes.

The excluded group you are talking about would've been excluded anyway. Anything that isn't a charity and held up with volunteers and a lot of hard work will not be able to sustain them. That doesn't make it okay, necessarily, but rather that luxury services (of which youtube for example is one) are just that - a luxury. It's an take-a-penny-leave-a-penny but there are more takers than leavers.

Something more familiar to us might be the Linux kernel. Without the support of all of the billions of dollars pouring in via corporations, support contracts, etc the free Linux kernel would likely either be dead or not free anymore. Even something with an army of volunteers at that caliber cannot sustain the poor people who benefit from their charity and contribute nothing in return. A tragedy, but the value producers have to eat, too.

Re: The ad-based internet is dying, and it's getting worse in the process [video]

#124

Earlier quoted context omitted.

That was a sarcasm. I should have stated that he doesn't care as much as other companies. Elon, being the richest person on the planet, is uniquely positioned and has a competitive advantage. He can risk losing ad revenue to achieve his goals - minimize censorship and create a super-app.

Is he still the richest twat in the pot? I would have thought his liabilities would have taken their toll on his net worth. Hair plugs can get pricey.

Yes. Elon is still the richest person on the planet. If you thought otherwise, you might want to reconsider your understanding of how wealth is both preserved and accumulated ¯\_(ツ)_/¯

Re: The ad-based internet is dying, and it's getting worse in the process [video]

#125

Earlier quoted context omitted.

What examples of ad based rising companies do you see ? My first thought was Google, and it's started to plateau in the recent years: https://www.macrotrends.net/stocks/charts/GOOGL/alphabet/rev... . Meta also took a dive, and while it was from a sharp turn of the business focus, I'd argue it comes from an attempt to avoid staying on a stagnating market.

TikTok and IG continue to see good ad rev growth

I still dont know how IG hasnt stopped the very obvious bot spam.

[1] This recent post on @bloombergbusiness for instance, it just takes 1 fold of comments to be all scammers, multiple accounts, same or near same message, pointing to the same account.

Sometimes in app its swipe up to go to the next thing, sometimes its swipe left, sometimes i have no clue and trigger an ad event.

And then the "game" ads I get, cant seem to tell IG the ad irrelevant enough times.

1. https://www.instagram.com/p/Cuk_35AMXeE/

Re: The ad-based internet is dying, and it's getting worse in the process [video]

#126
post #5

His two examples are Twitter and Reddit whose ad revenue is dying because those two companies have made huge blunders. Elon seems to almost actively be killing Twitter (which the poster even states). Reddit screwed Apollo and then many of the most popular subreddits protested and did things like show porn on otherwise usually SFW content to prevent Reddit from showing ads and thus killing their profits. Those are big…

I keep asking this because I don’t understand - how is Elon “killing” twitter? I’ve frankly not seen any difference, at all. If anything there’s slightly more activity

One thing he has done is push the paid replies to the top of every tweet. So now every tweet is full of low quality replies at the top and you have to scroll to find the higher quality ones below.

Re: The ad-based internet is dying, and it's getting worse in the process [video]

#127

Good. The internet was really fun before the ads and monetization came. We had forums and personal web sites. Weird blogs everywhere you looked. Some semblance of anonymity. A sense of community that wasn't about growing a following.

The concept of an upvote didn't exist. You were primarily relating to people, not an audience filtered through a voting mechanism. It was peaceful.

The usenet I remember was anything but praceful haha

Re: The ad-based internet is dying, and it's getting worse in the process [video]

#128
post #5

His two examples are Twitter and Reddit whose ad revenue is dying because those two companies have made huge blunders. Elon seems to almost actively be killing Twitter (which the poster even states). Reddit screwed Apollo and then many of the most popular subreddits protested and did things like show porn on otherwise usually SFW content to prevent Reddit from showing ads and thus killing their profits. Those are big…

Both of the blunders you mention are recent no? (Elon / Apollo). And these companies were never making money so blunders can be considered errors forced by the need to monetize quickly.

Re: The ad-based internet is dying, and it's getting worse in the process [video]

#129
post #112

Earlier quoted context omitted.

Honest question: how can you expect stuff for free without ads?

Using VC money? It's not even people's fault as well. For more than a decade, VC has spoiled people to expect internet to just work for free.

> For more than a decade, VC has spoiled people to expect internet to just work for free.

For more than a decade the fed has spoiled VC to expect that money could just be borrowed for nearly free.

Re: The ad-based internet is dying, and it's getting worse in the process [video]

#130

Earlier quoted context omitted.

I keep asking this because I don’t understand - how is Elon “killing” twitter? I’ve frankly not seen any difference, at all. If anything there’s slightly more activity

Driving away lucrative advertising, replacing with much less sustainable premium subscriptions. Then there's cutting the moderation and safety teams to the bone.

I thought everybody hates advertising, no? Let's do a thought experiment and imagine Elon brought more advertising on Twitter. Everyone would bullshit on him for that. In reality, we have the opposite situation. There is less advertising. On top of that, ad revenue is now being shared with creators. What's bad about it?
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