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by avaer
3219 days ago
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The thing is people are voting with their dollars, but it's on credit. People don't want to pay for "free" content, and "free" software. So instead they pay with malware, insane data charges, markups to pay for ads, markups to pay for dealing with fraud, the indefinite privacy tax of their data, markups extracted from monopoly positions, and much more. The problem is people don't see all of these exorbitant fees, but they see that dollar in their wallet. |
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The internet has increased efficiency and lowered prices but this also has an effect of amplifying any misaligned incentives - so now agencies which are bonused on clicks will deliver cheap clicks, whether it's actually producing sales or not.