Ugh, the point is that your argument "if there's a market for something there's no point banning it" is special pleading for advertising. If you put other powerful things in there (plutonium, human organs) you quickly see this. But, sure, let's do it the boring way.
> Human attention is scarce.
Compared to what? Do you mean limited, highly desired, or what? Also I'd say there's 8 billion human attentions. That doesn't sound scarce to me.
> Demand for that attention is endless.
"Endless"? Surely not. What if I have it all?
> Scarcity + demand creates a natural market by default
Doesn't this mean almost everything we care about is a market? The supply of almost everything (actually everything?) is limited, qed right?
> meaning you must use brutal authoritarianism to disrupt it entirely (vs just regulating with guardrails).
I don't think this means anything. What's an example of using brutal authoritarianism to disrupt other markets?Cocaine? Human organs?
> Disrupting natural markets with authoritarianism usually ends up worse than any downsides of the decentralized market regulation of that scarcity.
Again if there are any concrete examples I would imagine most people would agree that stuff should be banned.
> Instead of something that attempts to land on fairness (even if imperfect), no market at all guarantees unfairness.
Wait I thought scarcity + demand poofs a market, how can there be scarcity + demand and no market? Isn't this the foundation of your argument?
> Advertising puts a price on the scarce commodity of attention in broad strokes,
The strokes are way too broad. If you're a magazine or a road sign, you're selling the slice of attention you're getting, which isn't anywhere near the whole attention market. Even if you're something like FB or TikTok, you're max getting like 70% of someone's attention. But then is influencer placement more effective than movie product placement? What about an interstitial ad? Blah blah blah. What happens when people are offline, like making breakfast or reading a book (things lots of people still do, believe it or not). This is a market in such a loose sense it loses meaning, but the worst part is the people who own attention aren't getting paid! At least in a human organ market I get cash for my kidneys. Where's the site I can go to where I just watch ads and rack up sweet cheddar?
> and it not always, but 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).
"Value" for who? You've done no work to establish the value of advertising to the audience. Again, less of a market and more of a sheep shearing operation.
> But to ban it outright would require an extreme policing of all speech at all levels of society.
You might be surprised to learn there's a pretty rich diversity of advertising bans. Here in The Hague we ban ads for meat and fossil fuels. Things are still OK!
> Human attention is scarce.
Compared to what? Do you mean limited, highly desired, or what? Also I'd say there's 8 billion human attentions. That doesn't sound scarce to me.
> Demand for that attention is endless.
"Endless"? Surely not. What if I have it all?
> Scarcity + demand creates a natural market by default
Doesn't this mean almost everything we care about is a market? The supply of almost everything (actually everything?) is limited, qed right?
> meaning you must use brutal authoritarianism to disrupt it entirely (vs just regulating with guardrails).
I don't think this means anything. What's an example of using brutal authoritarianism to disrupt other markets?Cocaine? Human organs?
> Disrupting natural markets with authoritarianism usually ends up worse than any downsides of the decentralized market regulation of that scarcity.
Again if there are any concrete examples I would imagine most people would agree that stuff should be banned.
> Instead of something that attempts to land on fairness (even if imperfect), no market at all guarantees unfairness.
Wait I thought scarcity + demand poofs a market, how can there be scarcity + demand and no market? Isn't this the foundation of your argument?
> Advertising puts a price on the scarce commodity of attention in broad strokes,
The strokes are way too broad. If you're a magazine or a road sign, you're selling the slice of attention you're getting, which isn't anywhere near the whole attention market. Even if you're something like FB or TikTok, you're max getting like 70% of someone's attention. But then is influencer placement more effective than movie product placement? What about an interstitial ad? Blah blah blah. What happens when people are offline, like making breakfast or reading a book (things lots of people still do, believe it or not). This is a market in such a loose sense it loses meaning, but the worst part is the people who own attention aren't getting paid! At least in a human organ market I get cash for my kidneys. Where's the site I can go to where I just watch ads and rack up sweet cheddar?
> and it not always, but 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).
"Value" for who? You've done no work to establish the value of advertising to the audience. Again, less of a market and more of a sheep shearing operation.
> But to ban it outright would require an extreme policing of all speech at all levels of society.
You might be surprised to learn there's a pretty rich diversity of advertising bans. Here in The Hague we ban ads for meat and fossil fuels. Things are still OK!