Comment Re:Advertising (Score 1) 82
But how was that bucket of advertising dollars enough to make these mega-corporations?
You were under the assumption that this bucket was finite. The bucket depends on what companies think they can get out of advertising.
While it's easy to write off the trillion dollar valuation of a company as just a fantasy, the reality is collectively the world sent Facebook $64billion in the last 3 months alone.
Back in the day when you chose advertisement you had to create an advert for TV, or select a newspaper with your target audience. Today you can literally click a button on your phone. It's not even all advertising, in many cases it's algorithmic content promoting.
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