> generally trends toward making the highest value messages for both the audience and advertiser get seen over lower value messages in any given situation (because those are the ones that can afford the market clearing price on said advertising).
This is true, but only for the set of messages that produce value that can be captured by the advertiser. This set is a small subset of messages that produce value. For example, a message about the benefits of excercise/socializing/climate action would produce a lot of value, but not in a form that any single advertiser can capture. So a lot of high value messages don't get produced in the current system, and might have a better chance in a more "natural" attention economy.
Advertising also increases the value of a product, so the value of things whose value can be captured by advertisers will be inflated when compared to their value in an environment without advertising.
This is true, but only for the set of messages that produce value that can be captured by the advertiser. This set is a small subset of messages that produce value. For example, a message about the benefits of excercise/socializing/climate action would produce a lot of value, but not in a form that any single advertiser can capture. So a lot of high value messages don't get produced in the current system, and might have a better chance in a more "natural" attention economy.
Advertising also increases the value of a product, so the value of things whose value can be captured by advertisers will be inflated when compared to their value in an environment without advertising.