• formulaBonk@lemm.ee
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    1 day ago

    If consumers were rational Tesla stock wouldn’t be where it is, meme coins wouldn’t exist, nft craze wouldn’t have happened (btw all examples of tech spending money to trick dumb people). Consumers routinely DO NOT go for the cheapest possible option but frequently get tricked by stupid gimmicks and smoke and mirrors. For example - Colgate started wrapping their toothpaste boxes in a clear plastic that sparkles under grocery store lights. Despite raising prices, introducing wasteful plastic, and increased packaging costs they increased market share and profits - that’s not rational. You seem to have been sold on libertarian delusions.

    I never mentioned salaries and I very distinctly did mention that majority of the people in the world live in smaller communities with limited choices. If a tech overlord buys out their businesses (e.g buying all local newspaper and replacing them with mostly ai slop and agenda articles) there are not many alternatives. Insisting that because you have some choice in some matters it means everyone does is naive … and also another example of an irrational consumer lol

    • Tja@programming.dev
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      1 day ago

      Consumers don’t buy stock, and deifnieltely not enough to influence trillion dollar company valuation, let’s begin with that.

      I never said they go for “the cheapest option, period”. They are willing to spend extra if they get perceived, or real, value, like aestelhetics (your example) , social status (cars for instance) or functionality (iPhone).

      I’m very far from libertarian, so let’s abstain about speculating about each other’s beliefs and let’s talk about ideas.

      Majaority of people in the world do NOT live in smaller communities, first, and tech only increases choices, second, so even if the first was true it’s still an argument in favor of tech. I can get the new York times (or the helsingin sanomat) in the smallest village of Germany, again thanks to technology.

      • formulaBonk@lemm.ee
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        1 day ago

        So you’re just gonna make stuff up as you feel it’s true?

        “Consumers do not buy stock” lol yes they do “iPhone can be the cheapest option” (as long as you don’t care how much you spend and it has perceived value” “Tech only increases choices” (biggest laugh I had in a while) “Most people in the world do not live in smaller communities”

        Fucking lol my dude. Sounds like you’re really projecting your life into facts of the world which is a common disease among programmers.

        You know that places outside of US exist right? You know that the tech created in US cities disproportionately adversely affects 3rd world countries. If you ignore all that and go full bootlick mode on tech oligarchs then yes all you say is true, but back in the real world you couldn’t be further off base

        • Tja@programming.dev
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          1 day ago

          I have never lived in the US, my man. I am not a programmer, either. So 0 for 2.

          Keep up the good work, you convinced me with your Lols. Consumer definitely decide the price of stocks. And the color of the sky. You got it, champ. Typed on an electronic device. Sent over the internet. I love the hypocrisy ;)