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I wouldn't call Bernays "father of spin, inventor of PR, master propagandist. . . " These methods have been around since the dawn of history. See my comments here as well:
http://www.alphysics.com/html/009-Notes.html#co...
Dave Winer's aphorism seems correct, and I agree, but the real purpose of advertisement is to program human beings. In that sense, it will not disappear.
what about the information that people aren't really looking for? The type of information that does not spread virally, but is still important.
This goes back to that now-ancient question about the expert editor vs. the wisdom of crowds.
I agree with what you're saying, but there are some dangerous issues you're confronting here. And it's good that you are, because they are inevitable.
If they ever talk about better "targeting of messages" they're doing it whether they know it or not. My cable provider is always selling that in their own advertising, that they can reach very specific "consumers" -- it's only a matter of time before they're so specific that they actually say my name in the commercial. I hope to live to see that day. (Of course direct mail got there a long time ago.)
Isn't it like "keeping up with the Jones's?"
This comment confuses advertising with branding - a serious mistake. Even with the most targeted adverting imaginable, there will still be a case and need [both for consumer and "brand"] for brand to exist.