this post was submitted on 05 Apr 2024
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Asklemmy
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Money.
Your data can help sell you stuff. If they know you’re into MILFs, they can sell advertising to the MILF companies. Then you see a bunch of MILF ads. The more they know, the more they can target you. Eventually we’ll have ads in our dreams like in Futurama.
I'm still not convinced that this actually works, or at least not in a way that justifies the expense.
Maybe it's because of GDPR, but the kind of ads I see and the products I would even consider to buy don't overlap very much. Case in point: I'm a man in my 30 and get bombarded with female beauty products (almost aggressively marketed at women). Why would that expense of ad budget make sense? Sure, I might buy a lipstick for my partner, but is that worth that much ad budget?
It doesn't matter if it works or not, there is a market for it, so people/companies pay for it.
A lot of this is about selling promises of clicks or customers, and to be convincing they need to surveil everyone and boast with the amount of data they have.
Many people buy in crypto currencies, just because of promises. At some point this bubble will burst, question is when.