7 ms·
> there's a zero percent chance any social media platform such as Facebook would ever ban ads. Yes, this is what the article says. This means we must force the
by nindwen 7y ago
> there's a zero percent chance any social media platform such as Facebook would ever ban ads.
Yes, this is what the article says. This means we must force them to.
- meritt 7y ago> This means we must force them to. Advertising represents 98.5% of Facebook's revenue and you're proposing that we (btw, who is "we"? They are a global company) tell them they can't run ads? What exactly remains for the 43,000 employees and the 5% of the S&P500 market cap that you just decided to eliminate?
- JohnFen 7y agoI think there are strong ethical arguments to be made about why it's wrong to force a company to not advertise inside of their own services. But I don't really think that adverse economic impact is one of them.
- cameronbrown 7y agoThere's going to be far more economic repercussions if ads are yanked out of the market. Believe it or not but they do drive a huge amount of small business growth.
- zanny 7y agoAdvertising is zero sum. It doesn't create value, it just redistributes it. And even worse it redistributes it through psychological manipulation. Modern advertising is an arms race of capital to rob the poor of their time and money through the most aggressive manipulation they can. In the absence of abusive advertising people would not suddenly stop spending money. They might even be more inclined to seek out new experiences without a constant mental assault by the largest corporations with the deepest coffers to bury them in their ads. Regardless of the way it goes, advertising is absolutely a net deficit to a small business - they don't have the capital resources or scale to permeate culture the way large corporations can. And if they are expending their limited resources trying to participate in the rat race they are sacrificing value to their existing customers and shortchanging their own growth for what is effectively an extortion of participation - if everyone else is deluged in manipulation to rob them and you don't participate there will be no money left over once the wallet has been rung dry by as many emotional vectors as possible for them to find you.
- cm2012 7y agoActually, no. I do marketing for a lot of SMBs and startups that offer tech and service solutions not offered by the incumbents. Without ads there's no way for them to get people access to their superior products.
- zeroonetwothree 7y agoAdvertising is “positive sum” overall. Actually almost all economic activity is, that’s why our economy keeps growing. And with ads the mechanism is really obvious—-it helps people identify products that solve their problems.
- pgcj_poster 7y agoIn terms of utility, advertising is negative-sum, because it misleads people about solutions to their problems. An advertiser has an incentive to try to get you to buy their product regardless of whether it's actually a good solution to your problem. In fact, it seems like the less useful a product is, the more it needs to be advertised. I've never in my life seen an ad for bread, but I've seen lots of ads for scams, fad diet books, and breakfast candy (sometimes called "cereal"). The economy growing is not necessarily a good thing. For instance, the economy would get bigger if the government passed a law requiring everyone to buy mud pies — a mud pie industry would spring up, employ lots of people, and add to the country's GDP. But society wouldn't be better to live in for it, because mud pies are useless. Likewise, the economy would be smaller if people didn't constantly replace their clothes to keep up with the latest corporate-engineered fashion, or if they stopped buying books like Rich Guy's System for Making Guaranteed Free Money in Real Estate, but people would still be better off if they did.
- dchichkov 7y agoWhy not? To put this into perspective, Facebook was founded in 2004. This is relatively recent. Internet and World Wide Web existed fine without advertisement sponsored gardens of Facebook since around 1990. There is no reason why there necessarily should be Facebook in the Internet landscape. It's not impossible to imagine that, say, Microsoft and Apple, in competition for users, could start filtering advertisements in the browsers. That this pulls users from Chrome. And changes the landscape yet another time.
- buboard 7y agoso basically force facebook to shutdown so that all these people flock to HN which is ads-free? The shortsightedness of such thinking amazes me.
- matheusmoreira 7y agoThey could try charging users for access to a clean, spyware-free social network instead. If Facebook can't survive without selling their users like products, then good riddance. It wasn't meant to be.
- buboard 7y ago"try to charge" , and "survive only on ads" are not mutually exclusive. FB could charge for ads-free, but nobody would use it. It's delusional assume otherwise, with FB costing the average person $40/year, which is in some places on earth the entire year's income. I also assume FB doesn't offer the option because it's too much work to filter all the tracking in and out of their properties.
- mistermann 7y ago> FB could charge for ads-free, but nobody would use it. It's delusional assume otherwise It seems more delusional to predict the future (nobody would use it) with confidence. I know framing such things as false dichotomies is kinda what educated Western intellectuals do, but God or nature impose no such limitations on us. We are free to think, negotiate, create hybrid solutions and adjust as necessary, and so forth and so on. We have the ability to largely be the masters of our own destiny, but waking up and making that choice is our responsibility, not God's.
- buboard 7y ago"nobody" is a figure of speech of course. It's easy to settle the question with a poll: ask people worldwide if you 'd pay $40/year for FB. My bet would be it's < 5%
- dageshi 7y agoNothing like a good old fashioned moral panic, every time a new communication medium turned up someone tried to ban it or neuter it.