> too many smart people were building out social networks and similar services trying to maximize ad impressions.
Honest question: where should these very smart people work then in your opinion? Nearly all suitable-looking, "smarter" ideas that come to my mind will bring less revenue/profit in expectation than, for example, letting them maximize ad impressions.
I of course wish we lived in a "more intelligent" world where this is not the case. :-(
If I had one wish, it would be to make 'common good' more incentivizing than 'maximize revenue/profit' but sadly it's not the world we live in.
> where should these very smart people work then in your opinion?
Anywhere else. Ads are a net negative to society and provide no value. ANY activity outside of pushing ads is a better contribution to society as a whole.
Probably not on systems that rot democracy, freedom, and human expression. Companies like Google and Meta are net negative for humanity and the people that built these companies and continue to work for them are evil in their apathy towards the human cost of their salary.
> will bring less revenue/profit
Call me crazy, but the smartest people I know have rejected maximizing their employer's revenue and profit as their goal. Or even their own company if they go that route. Find a niche, work it, enjoy it, and enjoy the rest of your life, too.