It’s easy to dismiss advertising as just a profit engine for ad platforms, but that’s only part of the picture. At its best, advertising plays a meaningful role in solution and product discovery, especially for new or niche offerings that users wouldn’t encounter otherwise. It also promotes fairer market competition by giving smaller players a shot at visibility, and by making alternatives accessible to customers, without relying solely on monopolistic platforms or the randomness of word-of-mouth.
That said, today’s ad ecosystem is far from ideal - often opaque, invasive, and manipulative. Still, the underlying idea of advertising has real value. Fair advertising is a hard problem, and while reform is overdue, banning it outright would likely create even bigger ones.
And regarding word of mouth: Is word of mouth for great products really random?