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Is creating something of value, then prohibiting someone from using it any better though? FWIW, I find both b and c objectionable.
by thayne 5y ago
Is creating something of value, then prohibiting someone from using it any better though?
FWIW, I find both b and c objectionable.
- fragmede 5y agoIt may feel antithetical to the very core of your being, but that's where engineering meets capitalism. Intel is a business (because it has to be), and businesses want to maximize profits, and where b and c aren't materially different, taking something and making it worse is the same failing of capitalism as communism - human nature. I can make 10 widgets for 10 customers to buy, but between those 10 customers, 2 of them want the cheapest version, 6 of them want the medium option, and the last 2 want the most expensive option. The way to maximize profit is to produce that same distribution, divorced from the actual yield of the production process. Pricing a product is a dark art but looking a bit closer at it, there's a huge psychological or human nature element to it.