It may make sense in the short term, but in the long term these websites are losing customers, ie money. Online advertising is a failed business model. All those companies that started like this and succeeded quickly realized this and are constantly trying to pivot or have done so already.
I'd say the main reason for the crap web we have nowadays is: lazy people trying to get rich quick. There's nothing wrong with wanting to make money online, like people selling books, educational courses, retail in general.
What pisses me off are people who want it quick and with no work. There are literally millions of people who think that they can just throw together a website (read shopify account), enable drop-shipping through some magic shitty plugin they neither know or care anything about, and suddenly bags of money will descend upon them while they're drinking coffee, eating poached eggs at some hipster coffee shop, and posting trash on any of the grams. This fails of course and some give up while others resort to scams. This is where scummy marketing people shine. They "run the numbers" and decide to buy some bullshit fivver SEO service that litters the shit out of some keywords or engage in some other so dark of patterns that make those million-and-one cookie consent boxes seem innocent. Now take this and multiply it by hundreds of thousands of people over the last decade and a half (probably even more) who are stuck in a loop of seeing some bullshit "success story" on facebook of some random dude who's now a millionaire from selling wallets from china, wanting to do the same but are lazy and know nothing about any of the fields involved, try to scam, mostly failing, and repeat.
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