Taxing the rich means that there are fewer people with absurd money, which means businesses won't have many customers at such high prices. It's like McDonalds charging $5 for a quarter of a potato. They're hoping that the lost sales from the poors at such a high price is made up by fewer high priced purchases by the rich.
If even the rich couldn't or didnt want to afford $5 quarter potatoes then they'd have to lower the price
age verification doesn't work in favor of a tech corp like facebook as they will see some users leave, some because they don't have the age required and some because they don't want to do the verification
We decided that getting people to pay for software was a fool's game. Open source was the bait. "Figure out a different business model"
they said. If open source as a concept had come from Wall Street and not academia, it would have been rejected. Charging people money for things has been how things worked since the concept of money was invented. The real conversation is that we, as software developers, are not good at money. The best software gets taken over by money and business folk. Oracle, VMware, Splunk, and Datadog all come to mind as companies charging huge amounts of money for software that don't sell ads (but are too expensive). But they do not make money by selling ads.
The US govt is already useless in constrast with the ruling corporations. Congress can't get anything done. What makes you think they could or would do anything to the slave owners who pay them?
> So they allow even more bots to increase traffic which drives up ad revenue
When are people who buy ads going to realize that the majority of their online ad spend is going towards bots rather than human eye balls who will actually buy their product? I'm very surprised there hasn't been a massive lawsuite against Google, Facebook, Reddit, etc. for misleading and essentially scamming ad buyers
Is this really true though? Don't they have ways of tracking the returns on advertising investment? I would have thought that after a certain amount of time these ad buys would show themselves as worthless if they actually were.
No, it's not really true. Media companies have a whole host of KPI's and tracking methods to evaluate the success/failure of their campaigns/single ads: here's a small summary of some of the KPI's and methods https://www.themediaant.com/blog/methods-of-measuring-advert...
The thing with inflation is that a product's individual components may cost the same or less over time, but the cost of everything else...like housing...doubles every couple of years. So you need to increase prices to support higher salaries, increasing minimum wage, etc. It's rides the line of becoming run away inflation since everyone needs to raise prices to support COL, then everything gets more expensive, then they need to raise prices again to support everything else getting more expensive. It's a loop that will never be closed
If even the rich couldn't or didnt want to afford $5 quarter potatoes then they'd have to lower the price
reply