• 0 Posts
  • 210 Comments
Joined 3 years ago
cake
Cake day: June 10th, 2023

help-circle

  • There’s a theory that targeted ads are severely less effective than assumed amongst advertisers, and that traditional “spray and pray” advertisement is just as effective, but a whole lot cheaper. Essentially, targeted ads frequently target people who are already aware of the product, have already decided to buy it, or have already bought it. So, basically, company’s are overpaying for ads, and if they ever stop, the advertisement based internet is in trouble.



  • Well, the less money people have, the more of their income they spend. This means that maximum spending would be achieved when all income is equally distributed. Hence, as money concentrates at the top, consumer spending drops, which reduces the number of viable businesses, but at the same makes more capital available, since people tend to invest money they don’t spend.

    Since people in general aren’t that good at telling whether an idea will pan out or not, as capital starts concentrating at the top, dumb ideas are more likely to attract a ton of funding. Add to that that spectacular ideas attract more funding, while at the same time tending to be bad ideas.

    Essentially, Elon Musk’s businesses are valued so highly because his promises of AGI and space colonization are already being priced in as if they were real, existing things, instead of pipe dreams.

















  • The nazis’ economy was a shell game of debt, and they were overextended militarily. Their regime would have fallen even if they had won the war. Secondly, the USSR at first joined forces with the nazis until they were betrayed by them, and after the soviets joined the allies, they received massive aid under the lend-lease act. And even with the aid, they still had to rely on human-wave tactics.