News for hackers. Stuff that matters.
Re:Elementary OS is imploding by civilized on Wednesday March 09, 2022 @08:47AM (#30614322)
To me, ad tech isn't inherently bad, although some uses of it definitely are... the main problem with it is, it makes way too much money. From this standpoint, taking these companies' excess cash and putting it to better use seems like the best possible thing an individual could do, if they have the skills.
Re:Elementary OS is imploding by dangerlibrary on Wednesday March 09, 2022 @09:12AM (#30614549)
Ad tech is absolutely inherently bad, and it is not a fixable problem.

Just off the top of my head, there are multiple unsolvable problems with the market. There are principal-agent problems between ad brokers and both buyers and sellers [0],[1] and attribution is nearly impossible [2] - which leads to increasingly invasive surveillance tools being deployed. Then there's the issue of asymmetric information: most consumers have no idea what information is being collected about them, or even by whom. Just outside the market, there is also the "clicks and attention == revenue" externality that is extremely costly to society. Every single ad tech company is either exploiting these problems in the market to generate outsized profits, or selling increasingly invasive surveillance technology to try to "solve" them.

The problem isn't any individual bad actor's behavior - it's the entire structure of the digital advertising market. There is no solution, because even assuming everyone is acting in good faith and in their best interests you'll see the exact same devolution to "What if we just find ways watch everything everyone does and track everything they do on and off their computers all the time? That's both profitable and clears up a lot of the market failures. Let's do that!"

[0] https://www.warren.senate.gov/imo/media/doc/Letter%20to%20CF... (PDF)

[1] https://checkmyads.org/branded/

[2] https://instapage.com/blog/personalized-advertising-and-attr...

Re:Elementary OS is imploding by civilized on Wednesday March 09, 2022 @12:43PM (#30617620)
Those are all good points. You certainly seem more informed about it than me.

Some of these points seem to apply to traditional advertising as well, although arguably traditional advertising isn't great either. Attribution is an eternal ad industry problem. Principal-agent issues exist too, but might be worse now, with the layers of tech abstraction that only the "agents" understand and manipulate. OTOH attribution is easy for agents to manipulate even in low-tech contexts.

The relentless digital surveillance is new, and yeah, pretty awful, and hopefully we see it getting shut down by moves in consumer tech, e.g. that privacy thing Apple did that pissed FB off (I don't recall exactly what it was).

I think the basic idea behind Google AdWords is pretty neat, although now they're trying to extract maximum value by clogging pages with ads and reducing the distinction between ads and organic search results.

Re:Elementary OS is imploding by LeifCarrotson on Wednesday March 09, 2022 @09:25AM (#30614690)
You're not taking excess cash, you're providing them value (in the form of engineering expertise) in excess of the value you extract as a salary. That's the whole reason companies hire employees!

Unless you're advocating for getting hired in adtech and then sabotaging their projects from within while collecting a salary, but I don't think that's ethical, legal, or what you're describing...

Re:Elementary OS is imploding by humanrebar on Wednesday March 09, 2022 @09:24AM (#30614678)
A large part of modern ad tech involves surveillance capitalism with basically no real oversight.

If we were just talking about paid distribution of memes to get people to drink beer and take vacations, I would have less of a concern.