zlacker

One of the things that bothers me most about advertising is that we sell attention to the highest bidder. It happened before online ads too but online ad networks 'perfected' the bidding process. And I say this as someone who's made much of my wealth indirectly off of such ad networks.

It means the expensive product/service gets your attention, coz it can afford a higher bid, instead of the one that's better for you. It also sets a high floor on prices.

To some extent the bidding process was needed when there was inherent scarcity of inventory to place information (e.g. billboards or the 1 local radio station), but there's no scarcity online. Why can't we just have a web where product/service info is listed, and people can seek that info through some search engine?