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> IMHO that is not acceptable, nor is their insistence that this is not a problem It seems the market doesn’t agree with you. Why do you think that is?
by peteretep 8y ago
> IMHO that is not acceptable, nor is their insistence that this is not a problem
It seems the market doesn’t agree with you. Why do you think that is?
- astazangasta 8y agoBecause markets summarize information in a single variable, price, and thus make it difficult for consumers to observe the erosion of quality that goes along with lower price. This is especially true if there is a concerted effort to pretend that the loss of quality is minimal or unimportant. Thus we end up with cheap crap everywhere; within a decade people have forgotten that they ever had a higher-quality product available and accept the new, lower standard as their baseline.
- deleted 8y ago[deleted]
- wybiral 8y agoIt can take time before the market catches up to what is happening and responds.
- TeMPOraL 8y agoBecause in a competitive environment, any value that can be sacrificed by one party to briefly get ahead of their competitors, will be sacrificed by everyone. That includes "quality", "correctness", and "not lying about it". Also known as race to the bottom.