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by rglullis
1706 days ago
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The problem is not ads, the problem is with Ad Tech. The tracking, user data collection and exploitation in secondary markets. There are ethical ways to have a business that uses ads a source of income and does not require "ad tech". This is one of the reasons that I like the Brave/BAT model so much. It shows that you can have an "ad-based" economy without having to have Surveillance Capitalism. People could take part of the rewards they receive from the ad network and use to pay for their social media service. That was one of my ideas behind communick. [0] And anyway, even if we wanted to get rid of "ads" altogether: WhatsApp was a profitable, sustainable business just by charging $1/year from part of its userbase. Facebook bought them because they knew it could become a threat to their business model. [0] https://communick.com |
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It's questionable, but I think the idea is that ad tech makes ads more valuable? Ie a user gets something relevant to them.
Maybe the future will be this personalization happens offline on the user's device.
Your example on WhatsApp buttresses my point I guess. With payment, businesses have to rely on part of their userbase. And we all know that segment largely comes from particular geographies. This knowledge largely affects a company's strategy.
Ads are not totally different -- CPC/CPM varies across markets. But maybe can be compensated by volume.