Wow. Definitely, an interesting reading. And a special guy, no question about it. On the other hand, the guy didn't cure cancer. Doesn't it give anyone pause to thin that the topic of conversation is 'ads'? You know, those little annoying things you would never click, and which get in the way of your normal life. I mean we're talking about billions of dollars. So much human talent, skill, intelligence taken away from…
Ads are also the thing that enables really amazing things to exist. Regardless of your feelings about facebook, the community it has created has had drastic impacts on the world at large. Almost the entire knowledge of humanity is now in anyone's grasp with a simple click of a button (Google). That was only possible because Google was able to make money off of it through ads. How do you propose that the internet pay…
There's a quote from the 1950's from a judge very skeptical of extending trademark law to the effect of "we shouldn't allow building brands too much, because then people will buy things for reasons other than product quality and that'll undermine competition in the marketplace by making products non-fungible."
I personally like monopolies,[1] so it's cool with me, but you have to wonder what the internet would look like if Adidas sold shoes and not "footwear experiences."
[1] There is no profit in perfectly competitive industries, and thus no money to do cool stuff. That's why, e.g., Microsoft is so screwed. It keeps hoping for innovation out of companies like Acer, Lenovo, Asus, etc, that have profit margins of just a few %.