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Google and Meta struck secret ads deal to target teenagers

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Re: Google and Meta struck secret ads deal to target teenagers

#191
post #15

This reads like a tragic story. Once you've collected enough data on every internet user out there to group them into different advertising cohorts, the remaining ungrouped users, by process of elimination (due to privacy or targeted advertising laws), are children; and now they can be targeted just as easily.

> the remaining ungrouped users, by process of elimination..." This being hacker news, I can't help but appreciate the pure evil genius of this. It reminds me of some other cases cunning corporate ingenuity: - Monsanto and their "terminator" seeds that prevents farmers from planting seeds they harvest, requiring them to purchase new seeds for every planting.[1] - Volkswagen and how they programmed diesel engines to a…

Monsanto isn’t forcing anyone to buy their product. Farmers use it because they’re better than uncopyeighted seeds.

Re: Google and Meta struck secret ads deal to target teenagers

#192
post #15

This reads like a tragic story. Once you've collected enough data on every internet user out there to group them into different advertising cohorts, the remaining ungrouped users, by process of elimination (due to privacy or targeted advertising laws), are children; and now they can be targeted just as easily.

A tragic story would be one where folks in positions of power in these organizations saw these crises coming from a million miles away, tried to avoid disaster, and failed. I don't think this is a tragic story. I think this is a rather boring and formulaic plot we're seeing over and over: the story of late-stage capitalism and the application of value-extraction to human social structures resulting in comically terri…

I'm beyond being shocked by this kind of behavior but it is still striking to me how some of the most profitable companies in history will go out of their way to do shady deals for a slight short term increase in their record profits.

The resulting reputational damage and future risk to their monopoly revenue has got to make deals like this -EV for the company in the long run, but decision makers at these companies are paid more for short term profits and they know it.

Re: Google and Meta struck secret ads deal to target teenagers

#193

Earlier quoted context omitted.

The line has to go up, and the slack has to be taken out of every last source of revenue. Like that story that was here yesterday about insurance companies monitoring customer's insured assets with drones and AI. Every unexploited dollar left on the table is slack, and a perfect market leaves no dollar unexploited. Therefore a more perfect market can be built with more perfect machine-powered decisions to more perfec…

You’re on a website run by venture capitalists who use this platform to increase the value of their portfolios… so unless you’re an agent provocateur, your comment needs to be read as ironic performance art because I hate to break it to you - you’re also part of the problem

I operated under this mental model originally as well. But, based on all available information, while HN allows running ads for YC portfolio companies and uses it for other promo purposes (YC applications), I have come to the conclusion tha pg, dang, et el are running this place as part science project, part public good, funded by YC returns (which, while not exact, can be predicted with high confidence from public information wrt portfolio liquidity events).

Certainly, you need funding, look what happened to Reddit's quest to squeeze community for returns. HN runs lean (two servers in colo, a few mods) and small (less is more), so they can be more flexible in what they're optimizing for. I will argue there is something intangible that exists they are cultivating. More for another thread, but I would be cautious about saying "You cannot speak truth about capitalism failings because YC runs HN and YC is a VC fund." Simplicity is rare, and the evidence does not indicate this forum runs to maximize profit.

Re: Google and Meta struck secret ads deal to target teenagers

#194

Earlier quoted context omitted.

It's not an abused substance, it's violence.

I hate ads, but this is not a winning argument. Instead of winning people over to the sympathetic cause (nobody really LIKES ads besides google and meta employees) you alienate people

Ads can be likeable under the right conditions. Who doesn't want to learn about something that will actually improve their life? Which is also ideal for advertisers. Who wants to pay to advertise to an audience that doesn't want their product?

Google and Facebook, in the early days, thought they could use copious amounts of data to tailor the ads to the user such that they would only be subjected to those which are likeable, but then the audience got skittish about having that much information collected on them. And so we now just get whatever random ad happens to be in the queue – which, indeed, is statistically unlikely to be in line with what you actually need, and therefore unlikable.

Re: Google and Meta struck secret ads deal to target teenagers

#195
post #64

Earlier quoted context omitted.

Dream bigger? We could make it illegal to advertise period.

Tax ad revenue as a vice like at alcohol and tobacco levels, or higher.

Limit advertising budgets to some percentage of reported (and taxed) income.

Solve multiple problems at once :)

Re: Google and Meta struck secret ads deal to target teenagers

#196

Wait... Nintendo and Disney targets children, including those too young to know what Ads are. Why are these different ethics? (They are not, both of those companies have created literal fanatics by adulthood. Even I cannot avoid beating each Zelda game despite not enjoying a single Zelda game since WW)

I live in an area where advertising is not allowed to target children directly.

As a result, the adverts don't show children playing with the toys, but present the toys in a bland setting as potential gifts for adults to buy. They will show an adult happy with a purchase. In short, they simply cannot address children directly through television. However, it's a fine line and you hardly ever see advertisements for toys unless there's a clear educational value. That's my understanding at least.

Most Nintendo adverts show young adults playing on a sofa or on the go in a train.

Re: Google and Meta struck secret ads deal to target teenagers

#197

Earlier quoted context omitted.

The line has to go up, and the slack has to be taken out of every last source of revenue. Like that story that was here yesterday about insurance companies monitoring customer's insured assets with drones and AI. Every unexploited dollar left on the table is slack, and a perfect market leaves no dollar unexploited. Therefore a more perfect market can be built with more perfect machine-powered decisions to more perfec…

You’re on a website run by venture capitalists who use this platform to increase the value of their portfolios… so unless you’re an agent provocateur, your comment needs to be read as ironic performance art because I hate to break it to you - you’re also part of the problem

If the problem you're referring to is capitalism, it is not possible to not participate in capitalism because capitalism operates every nation state and every portion of the planet.

If the problem you're referring to is venture capital, I don't work at a VC firm and have no intention to.

Re: Google and Meta struck secret ads deal to target teenagers

#198
post #87

Earlier quoted context omitted.

Not allowing advertising to children I think isn't the correct route for society. Instead we should prevent children having money. Until you're 16, you may not handle money. You may not buy things for money. You may not sell things. You may not enter into contracts to exchange money. Your parents however can do all of those things on your behalf. At that point, advertising to children no longer is relevant - the chil…

Having ads targeted at children can be seen as a good thing: it trains the children in what advertising is like, about how they can be manipulated and exploited. It's good for them to get this experience while young when the stakes are low. Of course, this might also train children to be the exploiters and manipulators. Maybe their parents would think that's a good thing too, at least in the long run.

Personally, I plan to prepare my kids by keeping them away from as many sources of advertising as possible and teaching them how to do the same when they're older. e.g. they're completely unaware of the existence of anything Disney-related.

Re: Google and Meta struck secret ads deal to target teenagers

#199
post #173

Earlier quoted context omitted.

I think it's more interesting when you scope it to mass media system. I think kids using the internet to communicate directly with their peers and family makes a lot of sense. Kids consuming an infinite amount of media and trying to broadcast themselves to the whole world is very often unhealthy. I think this is also true if adults, but I think kids are particularly susceptible to unhealthy habits / addictions around…

Respectfully disagree - their peers often make an unhealthy environment on the internet. Kids need in-person communication and interactions, its necessary for healthy development. The internet looks like it provides social interaction, but it actually does not provide what kids need. They should interact with their peers elsewhere, synchronously.

I feel like interacting with a moderate-sized set of real peers is workable - like chat rooms on AIM with the kids you know from school. Kids have always had unsupervised time with their peers.

Where it breaks down, is when you get a whole ecosystem populated entirely by kids and those trying to make money off of them.

Re: Google and Meta struck secret ads deal to target teenagers

#200

Earlier quoted context omitted.

A tragic story would be one where folks in positions of power in these organizations saw these crises coming from a million miles away, tried to avoid disaster, and failed. I don't think this is a tragic story. I think this is a rather boring and formulaic plot we're seeing over and over: the story of late-stage capitalism and the application of value-extraction to human social structures resulting in comically terri…

The line has to go up, and the slack has to be taken out of every last source of revenue. Like that story that was here yesterday about insurance companies monitoring customer's insured assets with drones and AI. Every unexploited dollar left on the table is slack, and a perfect market leaves no dollar unexploited. Therefore a more perfect market can be built with more perfect machine-powered decisions to more perfec…

And relatedly, I'm sorry that while you were speeding your brother to the hospital, you blew through a red light you couldn't stop for and caused a three-car pileup that killed an elderly woman.

There's a reason we have these rules, and the problem of better enforcement leading to more application of the rules isn't a late-stage-capitalism problem; it's a "rules require flexibility" problem (but it's not great if the nature of the flexibility is "you didn't get caught").

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