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For me the biggest problem with it is the enormous waste of talent.

For me the biggest problem with it is the enormous waste of talent. If we banned all advertising tomorrow, nothing particularly bad would happen. People would still learn about products; companies would still gain and lose customers. Indeed, that whole process might be more effective. But suddenly the US would have $500 billion or so worth of labor and goods to devote to some purpose that is actually productive. Actual smart humans waste their entire lives doing something that adds zero net value the system. When I think of my friends in advertising, it always makes me a little sad. What good things could they have done with their lives?

Posted by wpietri on Jul 4, 2014, 3:20 PM

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For me the biggest problem with it is the enormous waste of talent.

wpietriJul 4, 2014, 3:20 PM

For me the biggest problem with it is the enormous waste of talent. If we banned all advertising tomorrow, nothing particularly bad would happen. People would still learn about products; companies would still gain and lose customers. Indeed, that whole process might be more effective. But suddenly the US would have $500 billion or so worth of labor and goods to devote to some purpose that is actually productive. Actual smart humans waste their entire lives doing something that adds zero net value the system. When I think of my friends in advertising, it always makes me a little sad. What good things could they have done with their lives?

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