4 ms·
> Markets rather optimize for the most efficient usage of resources. Where, in practice, "efficient" is conveniently circularly defined as "whatever the market
by kibwen 4y ago
> Markets rather optimize for the most efficient usage of resources.
Where, in practice, "efficient" is conveniently circularly defined as "whatever the market decides". In the case of the OP, there's nothing "efficient" about grinding a computer to a halt under an oppressive layer of crapware, thereby wasting the user's time and energy (in both a literal and a figurative sense). The stark lesson of the modern age is that markets are hopeless at pricing in externalities.