Advertising certainly has effects, they are just not the effects you imply and can not be said to make them
work. This is the effect advertising has on me:
- I no longer watch broadcast television, at all
- I no longer listen to broadcast radio other than sometimes in a car. In that case I find commercial-free stations, switch channels when commercials come on and switch off the radio entirely if there are no commercial-free alternatives.
- I do not subscribe to any physical magazines, newspapers or other publications
- I do not "consume entertainment", I couldn't care less about recent movie releases - most are a mix of "progressive" propaganda with product placement anyway?
- I block digital advertising 'quite effectively' as in 'I never see ads'. I do this by having effective content blockers, proxies for channels like Youtube, I do not use things like Facebook/Twitter/whatever. No Google, I use my own instance of Searx. Effective spam blocking on my own mailserver, spam is as rare as hen's teeth here.
I can go on but the reality is that all advertising has achieved is that I quite effectively shield myself from exposure to it. If that is what you mean with "working", well... it'd make me wonder why they spend so much money on creating effective resistance against their own products. I guess I'm not the target market? In that case, neither are my family members who use my services.
I understand that advertising works for those who sell it. As to whether it works for those who buy it, who knows...