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>By giving bread away for free, he's making it impossible for other bakeries to compete unless they do the same thing. He's not going to make enough from simpl
by koboll 8y ago
>By giving bread away for free, he's making it impossible for other bakeries to compete unless they do the same thing.
He's not going to make enough from simply selling data to invest in talented bakers and quality ingredients, so his bread will be visibly at the lowest tier of quality. Other bakeries will compete on baking bread that is actually edible.
- josho 8y agoI don’t follow. Because clearly google and Facebook (the bakers in this analogy) are incredibly profitable and pay top dollar for top talent.
- LeifCarrotson 8y agoThis used to be true, when material ingredients cost significant money, and one baker could only make so many loaves a day. However, computers mean that the analogy breaks down. The data is selling for more than the cost of the service.