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The issue is that the replacement that are currently in the works (https://github.com/WICG/floc and https://github.com/WICG/turtledove/blob/main/FLEDGE.md) are extremely complex, will still dramatically impact adtech performance and only improve privacy for a very contrived definition of the concept which incidentally benefits once again big tech vendors...
As to the effectiveness of advertising, removing tracking will have a huge impact. And this affects all players in the value chain, not only adtech providers but also publishers and more importantly advertisers which will see their return on ad spent severely impacted. There is a real of loss "social welfare" (I mean in a game-theoretic sense, but also for real if you believe in capitalism) if tracking is disabled.
The issue is that the replacement that are currently in the works (https://github.com/WICG/floc and https://github.com/WICG/turtledove/blob/main/FLEDGE.md) are extremely complex, will still dramatically impact adtech performance and only improve privacy for a very contrived definition of the concept which incidentally benefits once again big tech vendors...
As to the effectiveness of advertising, removing tracking will have a huge impact. And this affects all players in the value chain, not only adtech providers but also publishers and more importantly advertisers which will see their return on ad spent severely impacted. There is a real of loss "social welfare" (I mean in a game-theoretic sense, but also for real if you believe in capitalism) if tracking is disabled.