Ask HN: Are the best minds of our generation working on ad optimization?
Paraphrasing Jeffery Hammerbacher.
Or if not ads, some other form of zero-sum value shuffling. Is this an accurate claim to make?
Or if not ads, some other form of zero-sum value shuffling. Is this an accurate claim to make?
16 comments
[ 2.6 ms ] story [ 45.6 ms ] threadAd optimization has reduced the cost of customer acquisition for millions of businesses. In the bad old days you just had to buy a billboard or tv spot and hope for the best, acquiring customers was an order of magnitude more expensive than it is now.
Many of the online services you use today (SaaS, online dating, mobile games, etc.) would have very different unit economics without ad optimization - a lot of them would be economically unviable.
Ad optimization might be unglamorous but it has an important role in market based economies.
However, I do wonder if there is a critical threshold beyond which the ad supported, data-driven market economy model will eventually metastasize into something altogether more menacing. Perhaps not as far as the traditional fictional representation of indentured workers with implanted brain-chips, but maybe a generalization of the Silicon Valley-type society: a small elite catered to by an army of individuals with precarious jobs (Uber drivers, etc.), with no other outlet other than to consume things occasionally and tap on a screen as a distraction. Essentially, the return of the old degree of inequality that's been historically prevalent and only recently pushed back a little, but this time tied together with technology. The semi-humorous concept of "late-stage capitalism" used to describe modern absurdity does look like an echo of things to come.
Don't get me wrong. I do enjoy all of the things you've listed and more. It's just the potential for human misery that can be unleashed by the misuse of this tech is certainly a thing to consider.
I think this is a natural consequence of a disconnect between what the economy values and what the popular imagination values.
A disconnect mirrored by the mythological transformation, experienced by nearly-all it seems, from naive youthful idealism, to somewhat-cynical grown-up pragmatism.
I'll have a stab at describing the disconnect in the following way: our minds are born in the gutter, with our imaginations looking up at the stars, but as we grow up we come to value, not the lights of distant stars, which come to seem cold and providing no sustenance, but the closer more familiar lights of the homestead, the township, the city. Those things which end up reminding most of other people, of home, of money and security, rather than lofty and distant ambitions which our culture also mythologizes as ludicrous and insane.
As Picasso said, and Zuckerberg for a while echoed on his profile, and Musk seems to against-the-odds still embody: "that every child is born an artist, the problem is how to remain one once we grow up."
Random note: My Chrome autocorrect would like to "autocorrect" Zuckerburg to Cheesburger -- you'd think the closest string in terms of edit distance would have been "Zuckerberg" but hey, maybe it works off some other metrics.
I was planning to do some serious coding this evening. But cooking and had too much wine so now I'm useless for everything except waxing ridiculously on Ask HN.
TL;DR - ad optimization is unglamorous but necessary. And not even evil. More relevant ads are a lesser evil for sure. We are raised taught to reach for the stars, but as we gain that much-sought-after "independence", they get us to trade, "a walk on part in the war, for a lead role in a cage", as Pink Floyd so eloquently put it. In other words, what's economically necessary is not-as-yet completely in line with what our pure souls aspire to be.
Civilization is still an infant. What can you say?
besides, black scholes equation and heat equation are essentially the same thing. if "quants" figure something out, that can be backpropagated into research on the heat equation. several centuries later when the patents fizzle out.
but i'd more rather make money.
Thankfully they work in the adspace, because it keeps them out of other industries where the code is important and their presence would be a burden.