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In Defense of the Ad Economy - Byrne Hobartwww.thediff.co/archive/in-defense-of-the-ad-economy/
762 sats \ 2 comments \ @Scoresby 15h mostly_harmless
The last big reason that ad-supported models win, especially for communications tools, is that they always exist. The only question is who's taking advantage of them and what their incentives are.
This was an excellent read. I've never really thought of paid advertising as a version of spam-prevention.
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112 sats \ 0 replies \ @elvismercury 14h
Advertising-based analogue of pay-to-post, with similar but unacknowledged virtues from the other side?
Thanks, will check this out. I like Hobart, he's a deep thinker. Useful to know how influential he is in Silicon Valley, whatever he says will get absorbed by the Lords of Creation and influence them in deep ways.
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10 sats \ 0 replies \ @optimism 12h
The second model, a straightforward transaction where you pay for something and get frictionless access to it, is theoretically popular, but in practice there's often low willingness to pay: in the EU, Meta started offering a paid, ad-free version of their app, but fewer than 1% of users signed up.
I was thinking that perhaps, there's a fairly slim, lets call it minuscule, chance that FB is the butthole of the internet and that many people don't really appreciate that product?
Perhaps I may even pose that if almost no one buys your product, it may be that the market just told you that it's crap?
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