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That's a non sequitur. Demand is orthogonal to value. Heroin isn't valuable to society yet it exists.
by anoncake 7y ago
That's a non sequitur. Demand is orthogonal to value. Heroin isn't valuable to society yet it exists.
- andrenth 7y agoThere is no demand for things that have no value. The customers of the companies mentioned above obviously see some value in using their services, otherwise they wouldn’t do so. You seem to be using “is valuable” to mean “is good for”. I’m using it in the economic sense.
- anoncake 7y agoI'm not using it in the economic sense because that's not what the conversation is about.