Rising Tide Rents and Robber Baron Rents
O'Reilly on Data
APRIL 23, 2024
From 2000 to 2011, the percentage of US adults using the internet had grown from about 60% to nearly 80%. Starting around 2011, advertising, which once framed the organic results and was clearly differentiated from them by color, gradually became more dominant, and the signaling that it was advertising became more subtle.
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