As someone who spends way more time on my computer than is probably healthy, I am familiar with online ads because they bombard me all the time. We know that online advertising has been a huge wealth generator for those companies such as Google and Facebook that sell and place ad space and indeed is the source of revenue for any ‘free’ content on the internet. (This blog is the exception. It is genuinely free!)
The promise that the media platforms offer to ad buyers is that they can target the product to the individual buyer who may be looking for that particular item, thus preventing wasteful blanket ads. The way the platforms do that is by vacuuming up all the information they can glean from us from our online activity to create a detailed profile of each one of us that they can then sell to retailers, a process known as ‘microtargeting’. This promise of ultra-efficiency is what has led the migration of ads from print media to online media. It has also led to fears that that we are now living in a Big Brother world because our lives have become transparent to these big companies like Google and Facebook who seek every way of prying into our lives.
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