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Re:I changed my mind about advertising by lordnacho on Thursday February 10, 2022 @11:03AM (#30288112)
The real problem is that we have a default theory of value: stuff is just worth whatever people paid for it, otherwise they wouldn't have paid for it is the short version. It's a gaping hole in our economic theories, and unsurprisingly advertisers have driven a goods train through it.

It arises here because we're trying to figure out whether people are paying for stuff they don't benefit from (or don't benefit enough to make it worth the price), which to many people seems intuitively the case, but it's quite hard to flesh out an argument for how it's could happen when we think people only pay for stuff that they want.

Re:I changed my mind about advertising by psd1 on Thursday February 10, 2022 @04:53PM (#30293209)
Closest I can get is Type 1 and Type 2 fun (i.e. does it still seem fun in hindsight).

We might need to quantify wisdom.