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As long as attention is a limited resource people will be willing to pay for it. As long as people are willing to pay for attention (eye-balls) there will be advertising.

Perhaps not in its current form (banner ads, text links) but I don't see this going away anytime soon. I generally don't agree with Winer but his pieces are usually more thought out than this.

I agree with other commenters that bringing up the economy weakened his argument. I'm no economist but when times are touch elasticity and neccessity have a lot to do with what people spend money on.

Advertising is elastic and not a neccessity, its generally a means to grow your business. People are not worried about growing their business in a recession, they're worried about staying alive.




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