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by gtt 2927 days ago
Like it or not, economy needs ads.
1 comments

Economy has functioned by word-of-mouth for millennia. Ads as an industry are relatively new (maybe 300 years).

(Sure, word-of-mouth is a form of advertisement, but OP clearly refers to the ad industry, so I'm going with that meaning.)

Those millennia world was mostly in Malthusian trap.
How much are you willing to pay for every advertising supported site you use?
Apparently there was a study related to this this recently.

http://timharford.com/2018/05/how-much-would-i-have-to-pay-y...