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by hexaga
152 days ago
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Because advertising works. Full stop. It doesn't matter if it is valuable or not. It just works. Definitely not with P(buy this crap) = 1. But the effect is still there and real and measurable and google has made colossal amounts of money out of exploiting it. It might as well be a magic spell. You show the user the thing, and they buy/subscribe/click-through with some probability according to massive ML model that knows everything there is to know about them. Yes - people are capable of making decisions in their own self interest. But there exists a gap where not _all_ of peoples' decision making process is the aforementioned. And that gap can be exploited, systematically. The existence of that gap is the actual problem. At scale, you can own a nontrivial quantity of human agency because that agency is up for grabs. Google / similar make their money by charging rent on that 'freely exploitable agency'. Not by providing value to people. The very idea is ridiculous. Value? How are you going to define a loss function over value? ML models on click-through or whatever else don't figure out how to provide value. They find the gap. The gap is made of things like: 'sharp, contrasting borders _here_ increase P by 0.0003', 'flashing text X when recently viewed links contain Y increase P by 0.031', etc and so on. |
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You have cause and effect reversed. The only reason the ML model can predict whether someone will buy a product is because people have bought it in the past. Why did they buy it? Because it provides them value. The ML prediction is descriptive, not prescriptive. I can similarly create an ML model to predict the weather, that does not mean my model causes the weather which is basically what you're saying.