If I can’t share a Curly Wurly then it’s not a revolution.

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Joined 1 year ago
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Cake day: February 1st, 2023

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  • You know it didn’t use to be this way? There was a time when you could be ‘A GE man’. You could work at a company for your whole life. You would not get laid off and rehired whenever it was convenient for the company, rather they’d show you some loyalty and you’d show them the same, this would be backed by employee profit sharing schemes, incentivising higher performance.

    The heart of this deal between workers and management was ripped out when management chased higher share valuations, with stock bonuses for themselves instead of workers. It became cheaper to fire 1/80th of the workforce because you could break up unions that way, management could write off all those salaries to bump up the quarterly earnings, increasing the stock price and earning themselves bonuses at the expense of workers who as you said, just learn to get by.







  • Yeah it’s a good book. It’s a cycle that this issue surfaces every couple of years where someone does a study, finds that the numbers they’re given don’t match their own analysis and the ad tech platform does some PR to paper over the story.

    Most people selling ads are just like the real estate agents in The Big Short. The media people make their money via rebate from the platforms by guaranteeing a certain volume of spend so they have no incentive to be putting hard questions to the platforms and the client is reliant on seeing the data which is provided by the platform with no third parties able to provide any level of transparency.

    Money goes into Google, Amazon and Meta’s black boxes which spit out numbers. The agency people copy and paste the figures into a presentation and everyone congratulates each other for a job well done.


  • The cost of digital advertising cannot be justified by its effectiveness (or rather lack there of). We’ve collectively spent hundreds of billions of dollars creating the infrastructure for invasive hyper targeted ads that do not get better results than simple billboards and terrestrial TV ads even now. We’ve created a global economy of marketing, media, advertising and sales solely reliant on technofeudalist overlords who’ve provided very little actual improvement of anything.