Now you're telling me that we're doing "a legitimized way of abuse"? Seriously? Come on. Nothing in the world is this black and white.
Now you're telling me that we're doing "a legitimized way of abuse"? Seriously? Come on. Nothing in the world is this black and white.
Even search ads could still be made more fair (most of the time, if users are searching for something, do they really want to see ads instead of organic content?), but in my quixotic crusade against the malicious market players, I'd love to first get rid of the spammy ads - both in our digital media and on our physical streets - and ads that lie to people.
Advertising is like prisoner's dilemma: Companies are like prisoners and if they go overboard with advertising they are like defecting. If all companies had an agreement to rein themselves in, then there will be a rogue company sucking the attention away.
Then bottom feeders are going to target children.
Its one of the laundry list of things I can imagine a far future enlightened species looking back at us and thinking "wow, they sure wasted trillions of hours and dollars just trying to manipulate each other into spending their money differently".
Its absolutely necessary to participate on the individual level, but on the macroeconomic level it should look to anyone as being completely absurd and a huge waste of potential. Its a lot like overspending on the military - the primary function for advertising is zero sum while for the military it is a negative value, while you hope for circumstantial value to emerge and try to use it as an excuse to justify the whole when advertisers make entertaining ads (see the Superbowl Commercials or Flex Tape) or when the military produces scientific innovation.
Well, not money, because the money spent just ends up in someone else's pocket. It doesn't disappear or get consumed in the process. What we are wasting is potential value for society as a whole (the hours you rightly mention).
Unfortunately society has almost no use for "advertising trunks" so we should impose intelligent limits on advertising so that the mechanism of informing people what they can buy could be less like forest and more like orchard.
Lot's of good faith actors putting up lots of reasonable ads still results in a massive ad flood for the individual on the receiving end.
After some point the quality stops mattering, it's the sheer quantity that feels overwhelming.