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natded | 4 years ago

My unironic recommendation for any nation state is to block American social media companies and then proceed to restrict or outright ban R&D work on 'ads' and other such trinkets. Exactly because of: ".. a tragedy for ... that so many physics PhDs have gone to work in hedge funds and Silicon Valley." Just looking at the sheer amount of work gone to optimize ad clicking is insane.

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georgeburdell|4 years ago

Perhaps a less heavy-handed approach would be to actually enforce existing anti-trust laws against Big Tech so that they're not able to monopolize America's best and brightest?

Also, as a Physics PhD holder myself, I dislike that Physics PhDs are held up as the archetypal smart people to be allocated in society's best interest. My opinion is that most of them, myself included, were foolish to go that far in their education and would have better served themselves, and society, if they had stopped at a BS. We could unlock a large economic gain if we went back to fairly matching job responsibilities with the minimum required education.

dnautics|4 years ago

> Just looking at the sheer amount of work gone to optimize ad clicking is insane.

It's circular -- while I think ads are absurd and am actively trying to remove as many of them from my life as possible, it's not like technologies that have been subsidized by optimizing ad clicking haven't come back around to help science out.

Swenrekcah|4 years ago

Are you referring to ad tech somehow being useful or that some of FB/Google pet projects ultimately funded by ads have been useful?

Just curious, especially if you mean the former.

stickfigure|4 years ago

I hear this kind of thing repeated here a lot, but I have to ask - what percentage of the engineering staff at Google and Facebook directly work on advertising? I would be shocked if it was as high as 10%. "The sheer amount of work gone to optimize ad clicking" is pretty damn small compared to the tech economy, let alone the whole economy.

It may be funded by advertising, but Search is incredibly useful. And Facebook keeps me in touch with my extended friend circle, which as far as I'm concerned is an unconditional social good. Most of the people working on those products aren't working on the advertising part. And if a small percentage are, well, you can't fully optimize every system of humans.

I don't think this argument holds water.

andrewjl|4 years ago

Why does the distinction of direct vs indirect matter when the question is about opportunity costs of deploying talent to potentially more fruitful endeavors?

disgruntledphd2|4 years ago

> what percentage of the engineering staff at Google and Facebook directly work on advertising? I would be shocked if it was as high as 10%

It's probably less than that, in engineering. The real headcount numbers for advertising are in sales and sales operations.