I really don’t like the idea that consumers can be as retarded as they want, at the end of the day, someone else is responsible. I’m a big fan of also hold consumers accountable.
Many consumers are irresponsible with their purchases. The best example in this regard is apple. They kept pulling anti-consumer moves, removable batteries - gone, headphone jack - gone, etc. People just kept buying it like mindless drones. That is not a “big business decision” - it’s a “many consumers will eat any slop that is served to them”.
If consumers were more responsible with their purchase decisions, companies would have no choice but to change course. And that even worked for a fairly long time. But the broad population has become complacent and straightup stupid as it seems, which in turn requires regulation. But if the population wasn’t this dumb, we wouldn’t even need regulation. The market would - and this is not a meme - literally regulate itself because consumers would STOP giving you money, and that’s the ONE thing that will change a companies course.
To be fair tho - in this situation it wouldn’t do anything. The AI-Bubble is a self-sustaining structure that will deflate over time, with or without consumer usage/input. But in general, I think moist consumers are lazy and complacent, which lets many companies run rampant.
Its interesting I didn’t see any nuance in the initial response.
But yes I don’t disagree consumers shoot themselves in the foot constantly for various reasons, mostly ignorance.
Brand loyalty, propaganda marketing, etc etc
The problem with your latter half is things like… Effective monopolies on required goods, small businesses going down because a Walmart opened up then jacked up prices, cable companies agreeing to not compete in geographical areas, regulatory capture in various industries, etc etc.
I really don’t like the idea that consumers can be as retarded as they want, at the end of the day, someone else is responsible. I’m a big fan of also hold consumers accountable.
Many consumers are irresponsible with their purchases. The best example in this regard is apple. They kept pulling anti-consumer moves, removable batteries - gone, headphone jack - gone, etc. People just kept buying it like mindless drones. That is not a “big business decision” - it’s a “many consumers will eat any slop that is served to them”.
If consumers were more responsible with their purchase decisions, companies would have no choice but to change course. And that even worked for a fairly long time. But the broad population has become complacent and straightup stupid as it seems, which in turn requires regulation. But if the population wasn’t this dumb, we wouldn’t even need regulation. The market would - and this is not a meme - literally regulate itself because consumers would STOP giving you money, and that’s the ONE thing that will change a companies course.
To be fair tho - in this situation it wouldn’t do anything. The AI-Bubble is a self-sustaining structure that will deflate over time, with or without consumer usage/input. But in general, I think moist consumers are lazy and complacent, which lets many companies run rampant.
Its interesting I didn’t see any nuance in the initial response.
But yes I don’t disagree consumers shoot themselves in the foot constantly for various reasons, mostly ignorance.
Brand loyalty,
propagandamarketing, etc etcThe problem with your latter half is things like… Effective monopolies on required goods, small businesses going down because a Walmart opened up then jacked up prices, cable companies agreeing to not compete in geographical areas, regulatory capture in various industries, etc etc.
It’s not as easy as “market self corrects”