The Sins of the Internet With the Human Face
In business, and life in general, money seems to be a major driving force. When the Internet was first created this proved to be no different. The default business model, and economic foundation, was advertising. The reason that advertising was so heavily favored was the fact that it was the easiest model for a web startup to implement, and the easiest to market to investors. Revenue growth would be contracted to ad networks through the startup companies, and then the focus would shift towards building an audience. The only thing that mattered was audience growth.
One thing that I learned about various business models on the Internet was investor storytime. Investor storytime is when someone pays you to tell them how rich they’ll get when you finally put ads on your site. While it is not necessarily advertising, it is advertising for the future. You are trying to persuade one or two listeners to hand over millions of dollars for your “story”.
When I think of personalized ads and surveillance I immediately think of Facebook. While it was apparent in the article that they are doing extremely well ($2.91 billion in revenue), the profit per user is just under $0.60. Those are astounding numbers, and it truly makes the apparent growth in “big data” that much more understandable.
Not only is big data effective now, but also it allows for quantitative evidence and proof when it comes to telling better stories to investors and ad agencies who could potential buy your ads. This sudden trend in big data has led to promises made to investors and advertisers that advertising will be more invasive, ubiquitous, and targeted.
The scary thing is how aware most of the population is on these advertising agendas, along with many different types of agendas from varying groups/people. Why do people have a certain understanding and acceptance of online surveillance? The article and video suggest, and I completely agree, that people have been taught that this is simply how the Internet works. We understand that certain people or groups may be privy to our surveillance, but we also understand that the deeper and “truer” the surveillance, the more accurate and useful our online experience will be.
This surveillance of online advertising grants the advertisers the ability to see who’s looking at an ad. This creates incentives to produce and share content that generates pageviews and mouse clicks. Unfortunately over the course of time, clicks and pageviews have lead to “clickbaiting” but little thoughtful engagement. The article talked about how we are moving from helpful news, to designed ads that get us to click the “next page” button. I find this very true, and especially on Facebook. You can’t simply read an article anymore; you have to click through 16 different slides. It is terrible.
I really liked how Ceglowski demands that we be given a right to review and delete the data that companies hold over us. His idea of having a time limit on how long the data can be held is genius!
I was unaware of Pinboad.in before this class. Pinboard.in is a bookmarking service where each user of the service pays a one-time fee, which rises a fraction of a cent with each new user. Cegłowski promises no ads and no third parties will get access to our data, which I think is great. The scary truth that Ceglowski made apart is that “If you’re not paying for your bookmarking, then someone else is, and their interests may not be aligned with yours.”
https://www.theatlantic.com/technology/archive/2014/08/advertising-is-the-internets-original-sin/376041/
https://vimeo.com/102717446