Also, even if you could catch everything with manual human vetting of every ad, it would be cost-prohibitive. (Either you would have to pay less to publishers, or charge more to advertisers. The latter would likely be a non-starter, because it is already difficult for most small advertisers to run positive ROI campaigns. The former would put further pressure on publishers, making them even less likely to accept the risk of these proposed lawsuits.)
I would love to see online advertising improved, and I think there are certainly possible ways to go about it. I'm just trying to illustrate that it's not as easy as, "don't let people publish or distribute bad ads."
To borrow the analogy from the article, we couldn't stop spam by going after the email providers for allowing it through.
No, you make it simpler than that
you simply forbid ads to be interactive or to contain any code
eg. you do only static ads like text, image, video
no code, no way to hide nasty stuff
It's not just the graphic used by the ad, it's also the ad's destination.
The clickthrough rate on internet ads is execrable. Frequently in the fractions of a percent at best.
No other advertising space operates on the assumption that linking represents.
Eliminating linking and leaving pure visual ads would be in line with every other form of advertising in existence, and eliminate the "problem" of click fraud, link-bait, and actually fraudulent links.
Do we really need a business model that exists largely to enable ad networks to defraud each other and consumers? We have advertising standards bodies that are meant to prevent this kind of thing in every other form of advertising, but somehow the internet is "special"?
Basic incentives - until they're fixed nothing will change.
Or you could have ad networks that only circulate carefully vetted/curated ads.
Imagine if you had an ad network that was picky and only allowed ads that were clever/interesting, short, not annoying, and didn't lead to malicious/fake products!