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by ancap
3218 days ago
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> Marketing is a 12 figure industry and billions are spent with little accountability Isn't it wonderful that they could improve the human standard of living to the measurement of billions of dollars? Everyone who makes a profit in a free market system did so by improving the lives of their fellow human beings, else no exchange would ever take place. But I really don't get the "little accountability" comment. Accountable to who? > incentives that drive bad intrusive ads that break privacy and extract data at all costs. This is where things get hairy. In historical times privacy is only a secondary right which stems from one's primary right to property. Nowadays, people are erroneously trying to elevate privacy to be viewed as a primary right and that has very dangerous implications which undermine the primary right of property. (I believe many of the advocates know this and are purposefully using privacy as a means to undermined property rights). |
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Programmatic digital advertising today is full of fraud and terrible ad experiences because buyers of such advertising and the entire supply chain is too complex, has no direct accountability to sales or business results, is incentivized by localized myopic metrics and lacks any governmental regulation or consequences at all.