If that's your takeaway, then I think you need to read this thread again.
1) Nobody is saying that ads aren't profitable or that marketers are throwing money out the window because they are stupid. The discussion is about whether invasive user tracking is effective. Ads can be profitable even though user tracking is ineffective.
2) This thread also is mostly about your very weak argument. You wrote:
> Facebook has created the most sophisticated ad targeting engine the world has ever seen. You want proof? Look at their financial statements.
That's just not a good argument. Who knows, maybe Facebooks tracking really is the best thing in the world, but the fact that Facebook is raking in loads of cash on its own tells us very little about how effective their user tracking is.
You're just confused about how marketing works. The fact that you're dissociating tracking sophistication from performance tells me all I need to know. To learn more, dig a bit into the iOS14 impact on the Facebook performance results.
1) Nobody is saying that ads aren't profitable or that marketers are throwing money out the window because they are stupid. The discussion is about whether invasive user tracking is effective. Ads can be profitable even though user tracking is ineffective.
2) This thread also is mostly about your very weak argument. You wrote:
> Facebook has created the most sophisticated ad targeting engine the world has ever seen. You want proof? Look at their financial statements.
That's just not a good argument. Who knows, maybe Facebooks tracking really is the best thing in the world, but the fact that Facebook is raking in loads of cash on its own tells us very little about how effective their user tracking is.