This response to my tweet is a common objection to targeted advertising.

@KevinCoates correct me if I'm wrong, but basic point seems to be that banning targeted ads will lower platform profits, but will mostly be beneficial for consumers.

Some counterpoints 👇

1) This assumes that consumers prefer contextual ads to targeted ones.

This does not seem self-evident to me 👇
https://t.co/zWXWGc1E54
Research also finds that firms choose between ad. targeting vs. obtrusiveness 👇

If true, the right question is not whether consumers prefer contextual ads to targeted ones. But whether they prefer *more* contextual ads vs *fewer* targeted ones.

https://t.co/lfYl95l3Nx
2) True, many inframarginal platforms might simply shift to contextual ads.

But some might already be almost indifferent between direct & indirect monetization.

Hard to imagine that *none* of them will respond to reduced ad revenue with actual fees.
3) Policy debate seems to be moving from:

"Consumers are insufficiently informed to decide how they share their data."

To

"No one in their right mind would agree to highly targeted ads (e.g., those that mix data from multiple sources)."

IMO the latter statement is incorrect.
Privacy advocates & enforcers fail to consider that they might be witnessing the revealed preferences of consumers.

Maybe this is because enforcers & advocates are an atypically privacy conscious group -- their preferences might be very different to those of median consumer.
To me, this is epitomized by @vestager argument that she would rather pay for Facebook. Pretty tone-deaf from someone that earns roughly 10x Brussels median salary.

https://t.co/tBYb27ZjJy
4) Important to consider the supply side. Systematically favoring consumer v. producer surplus is bound to affect investment in tech markets.

Will this undermine EU tech industry?

As @andashleysays has pointed out:

https://t.co/rp4GNg5dEb
With all that said, I do agree with @KevinCoates that we should avoid hyperbole: banning targeted ads will not suddenly cause all or most internet services to be directly monetized.

Though I still think it would be a very misguided move.

More from For later read

Part of what is going on here is that large sectors of evangelicalism are poorly equipped to help people deal with basic struggles, let alone the ubiquitous pornography addictions that most of their men have been enslaved to for years.


On the one hand, there's a high standard of holiness. On the other hand, there's a model of growth that is basically "Try Harder to Mean it More." Identify the relevant scriptural truth & believe it with all of your sincerity so that you may access the Holy Spirit's help to obey.

Helping sincere believers believe and obey the Bible facts is pretty much all the Holy Spirit does these days, other than convict us of our sins in light of the Bible facts.

If you know you are sincere and hate your sin and believe the right Bible facts as hard as you can but continue to be enslaved to your pornography addiction, what else left for you to do? Just Really, Just Really, Just Really Trust God and Give it to Him?

To suggest that there are other strategies available sounds to those formed in this model of growth like one is also suggesting that the Bible is insufficient, but it also suggests something just as threatening- that there are aspects of reality that are not immediately apparent.

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