I would love to know what Instagram HQ actually discuss about this stuff. A pp is right - why aren't they taking a cut? There must be a bigger play.
The problem for the bigger influencers in particular is that the very thing that makes this sort of advertising so successful makes it very emotional. Some of the comments here and in previous threads are not about transparency like 'why should they get to go on a fabulous freebie holiday that they could afford themselves' and 'why shouldn't a more deserving person get a holiday like that' demonstrate this.
Presumably people don't think like that when they see a review in the Sunday times of the latest spa or the latest brands in Vogue magazine. Why should that travel journalist get to go on all those free holidays that normal people couldn't afford? But the thing is, 1) you know it's an ad and 2) you don't connect emotionally with that journalist, you don't know their kids names or what their husband does or what their house looks like.
It's the blurring of business and personal. And particularly with the influencers that are doing family and fashion and interiors.
The thing is some of the criticism on here about the fact that Instagram is influencing us to buy stuff we don't need is not about Instagram but about living in a capitalist society. That's the basis of how we live and how are economy works. Businesses need to sell their stuff to make money, employ people, pay tax. I'm not sure people look at a tv advert for Waitrose or Asda or Topshop and think - why are they trying to push me stuff I don't need? But by pushing the advertising into 'normal people' we are holding them to an extra level of accountability.
To be clear I'm not sympathising, as brands and influencers have been completely complicit in this by calling something a 'gift' in the first place which is very far from what it is. I agree with Lisa Dawson that it's all a business transaction. But it's unfair to assume everyone knows that if you don't make it crystal clear.