Developer wages would crash through the floor and all the way down to the centre of the Earth if ad blockers really took off without users also accepting micropayments or subscriptions for web services at the same time. Maybe we should be a little bit glad that the main thing keeping massive amounts of money in tech is accepted by users.
The key thing that most people in tech don't appear to grok very easily is that the overwhelming majority of web services like search engines, social media, ad-driven news websites, etc are all things that users place practically zero value on. People accept ads because they're a way of paying for things without really thinking about it. If you start asking users for actual money they suddenly decide that all these services represent no value and they'll live without them.
The end of online advertising is an existential threat for a massive part of the tech industry. If that cash cow ends there would be a huge reduction in money for devs, and a massive flood of devs on to the market. Economics 101 should tell you how bad that would be for most HN readers.
The key thing that most people in tech don't appear to grok very easily is that the overwhelming majority of web services like search engines, social media, ad-driven news websites, etc are all things that users place practically zero value on. People accept ads because they're a way of paying for things without really thinking about it. If you start asking users for actual money they suddenly decide that all these services represent no value and they'll live without them.
The end of online advertising is an existential threat for a massive part of the tech industry. If that cash cow ends there would be a huge reduction in money for devs, and a massive flood of devs on to the market. Economics 101 should tell you how bad that would be for most HN readers.