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I think that many of us are missing the main factor in what makes organic diamonds so expensive. Organic diamonds are "desirable". Desire is strong emotion tha
by bawse1 9y ago
I think that many of us are missing the main factor in what makes organic diamonds so expensive. Organic diamonds are "desirable". Desire is strong emotion that can defy logic and is pinnacle to the purchase of any luxury item. It is always the same argument when many of us like to compare a luxury item based on its utility rather than its desirability be it $100k tesla vs. $2k beat up honda, $1k iphone x vs. $600 android. The old honda can take you from point a-b, the android can do what the iphone can. Sure you can nit-pick differences between them but we forget how much of a premium we all pay for things we desire.
- djtriptych 9y agoOn the other hand, we don’t need $50,000 robots to tell the difference between phones or cars.
- Udik 9y agoTell the difference, no. But being sure that the difference really matters might cost you even more. Note that anybody can already see whether a diamond is natural or artificial with their naked eyes: by looking at the certificate that came with it (or didn't). The problem is deciding whether the difference matters.
- jimworm 9y agoCounting on that for my next startup, artisanal electricity.
- rconti 9y agoI already pay extra for 100% 'renewable' energy even though, of course, the actual power I am using is undoubtedly from mixed sources like everyone else's. If only they gave me a free sign to stick in my yard proclaiming my eco-consciousness....
- InitialLastName 9y agoEven better, artisinal AI: Have problem that's hypothetically solvable by AI? Send us some input data, and our experts will send you back a decision based on that.