We happened to be approached by someone today, looking for a partner to 'invest' in what appears to be a complicated 'FanPage' Scheme with Facebook. We had never heard of this before, that Facebook 'In-stream' Ads on your videos of just over 3 minutes could be very profitable.
It almost seems like someone might want to build a business model on the shifting sands of internal facebook policies!
Of course, we are not interested in 'investing' in anything within spitting distance of that idea. And today we would like to show you why.
Why Online Advertising is Fraudulent
It is well documented that some percentage of online advertising is fraudulent, it has just never been very clear how much of it is fraudulent. This causes some statistical anomalies. Luckily humans and bots generally act differently.
When looking at a data set of online activity, two populations emerge. Usually, platform managers assume the larger population is the human population, and the smaller population is the bot population, and go about doing things that make it harder for the smaller population to operate.
There is reason to believe that bot activity may actually be greater than human activity. Leading to an ironic situation where some platforms might actually be supporting bots while minimizing the impact of actual human behavior. Who's a bot and who's not notes that scientists continue to study the apparent difference between humans and bots, the results of which someone will probably use....to make a better bot.
In our estimation, Online Advertising is little more than a Ponzi on its last legs. It remains to be seen who are the ultimate victims of this dangerous bubble in the 'value of online eyes'. Now it seems that a boycott may give Facebook cover to completely change their model, before its competitors like Gargle/Yutube are proven to be outright fraudulent.
We find it particularily sad that a whole generation of kids are thinking to grow up and be YouTubers, something that in our estimation will not be a career as it is not based on a sustainable model or platform, just some temporary, almost accidental, largesse spawned from a broken system.
Be careful out there!
This is not advice, it is History. Always Due your Diligence!
Posted Using LeoFinance