Apparently not, as ads keep selling.
I hate to sound so cynical, but many folks are gullible. They’ll trust a flashy ad because it looks nice to them, and gives them a positive emotional response, and then internalize that judgement as their own decision (so when someone comes to challenge it, they take it personally).
It’s not just old people living in another time, either. I’ve watched teenagers and young adults trust obviously-sponsored influencers like they’re friends. Or wear brands as status symbols.