It's hyperbolic to proclaim ad tech doesn't add value, given that Facebook and Google manage to serve billions of happy customers with services subsidised by ad tech.
That in no way implies I approve or like what they do - I run ad block wherever possible. Just refuse to believe in falsehoods trendy among rich, Urban tech savvy HN-ers, whose reality is far removed from the truth. Some estimates peg the value of "free" internet services, like Google search, Gmail, Facebook, etc at $30/month. That's a lot of value, if you ask me
He was saying ad arbitrage adds no value. As far as I can tell, this means the same ads are sold, and the free services receive the same amount of money, but companies have to pay more for ads and System1 takes a cut.
That in no way implies I approve or like what they do - I run ad block wherever possible. Just refuse to believe in falsehoods trendy among rich, Urban tech savvy HN-ers, whose reality is far removed from the truth. Some estimates peg the value of "free" internet services, like Google search, Gmail, Facebook, etc at $30/month. That's a lot of value, if you ask me