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cousin_it 5 days ago

The ads won't be for the product which will bring you maximum value. They will be for the product that will bring the advertiser maximum profit (for example, by manipulating you into buying something overpriced). The products which are really good and cheap, giving all their surplus value to you and just a little bit to the maker, will lose the bidding for the ad slot.

username332211 5 days ago | parent | next [-]

Not necessary. If economies of scale exist, that means that a popular product is going to be inherently superior in terms of price or quality than an unpopular one. Companies that advertise effectively can offer a better product precisely because they advertise and have large market share. (Whether they do it or not is a question of market conditions, business strategy, public policy and ultimately their own decisions.)

Surplus value isn't really that useful of a concept when it comes to understanding the world.

reaperducer 5 days ago | parent | next [-]

a popular product is going to be inherently superior in terms of price or quality than an unpopular one.

This is so far from the reality of so many things in life, it's hard to believe you've thought this through.

Maybe it works in the academic, theoretical sense, but it falls down in the real world.

username332211 5 days ago | parent [-]

Really? Because the most common place I've seen this logic break down, is the bizarre habit of people to derive some sort of status and self-worth from using an unpopular product. And to then to vehemently defend that choice in the face of all evidence to the contrary.

No "artisanal" product, from food to cosmetics to clothing and furniture is ever worth it unless value-for-money (and money in general) is of no significance to you. But people buy them.

I really can't go trough every product class, but take furniture as a painfully obvious example. The amount of money you'd have to spend to get furniture of a similar quality to IKEA is mind-boggling. Trust me, I've done it. Yet I know of people in Sweden who put considerable effort in acquiring second-hand furniture because IKEA is somehow beneath them.

Again, there situations where economies of scale don't exist and situations where a business may not be interested in selling a cheaper or superior product. But they are rarer than we'd like to admit.

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jackphilson 4 days ago | parent | prev [-]

Right. I think ai on the user's side is going to be necessary soon. Then they can negotiate with the advertiser's AI to determine what to show. This will need to be on the platform level or the hardware level.

This solves the problem of seeing ads that are not best for the user.

esafak 4 days ago | parent [-]

You are talking about running ads auctions locally. This is never going to happen because if the company was inclined to rank ads by relevance they could already do so at their end. Just use an ad blocker.

jackphilson 4 days ago | parent [-]

Right, what I am saying is an AI powered ad blocker essentially. Because some ads are good and mutually beneficial.