The story that emerged from these conversations is about much more than just online advertising. It’s about a market of a quarter of a trillion dollars governed by irrationality. It’s about knowables, about how even the biggest data sets don’t always provide insight. It’s about organisations and why they are so hard to change. And it’s about us, and how easy we are to manipulate.~ Jesse Frederik and Maurits Martijn from, https://thecorrespondent.com/100/the-new-dot-com-bubble-is-here-its-called-online-advertising/13228924500-22d5fd24
For years I’ve been beating the drum about how we individually need to take control of how we use social networks and the Internet in general. There’s still time for us to turn away from the dystopian future where everything has become an algorithm optimized for profit for profit’s sake.
I’ve long known that we are individually fighting an uneven battle. The companies running the social networks are using technology and psychology to manipulate us via our basic human instincts and our basic human cognition. (Each of us, thanks to our biology, has big, ergonomic, grab-handles enabling others to manipulate us.) I think it’s possible that we can each practice using our rational minds and make good decisions; It’s possible, but all evidence shows it is not likely. Meanwhile, I continue to fight the good fight. Those of you reading, seem to be similarly interested.
This article planted a new idea in my mind: The dystopian future is made possible only because someone is paying. We, individually, are not paying. (Reminder: We are the product being sold to the advertisers.) Every single pixel on every single social network is powered by advertising revenue.
What happens if the companies paying to advertise online realize that advertising online doesn’t work the way they think it does?
Victory snatched from the jaws of defeat? …perhaps.