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Joined 10 days ago
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Cake day: March 27th, 2025

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  • People talk about tech giants, but Facebook and Google are actually advertising giants. They pour much more money into their advertising than they do into r&d.

    Many brands have a cost structure where, for each product sold, more money goes to advertising than to the person who actually made the product. Sometimes 2 or 3 times more. That’s where the battle for attention is taking us, a place where attention from customers is worth much more than the effort of the worker.

    None of this is inevitable, advertising should be heavily taxed and regulated.