I don't understand how the tech millenials thought it was a good idea to deregulate ads.
Speaking as someone who grew up for a while with 4 tv channels and black and white tv, we left you with a system for all its flaws that had ad industry regulation: political ads in newspapers and tv were labeled, ads couldn't lie about their competition, or their own ingredients or powers. Things needed disclaimers. Huge fines could be imposed for companies taking the piss. These powers of oversight kept things in check to some extent..
And along came the tech bros, fuck all that, all those painfully learned lessons who needs them? Let's just build an engine to sell anything anyone wants to say to anyone else - kids, seniors, minorities, racists - and let's monetize the fuck out of it so we can get Rich, as in Billion dollar rich.
Let's take usenet - which when it was designed was mainly for people with good intentions who could be trusted - and let's build that out for everyone, let's offer apis to bad actors and bot nets, and let's monetize the fuck out of it, and lets have the minimum of rules because that's all too difficult.