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It comes down to incentives. No one on the supply side is incentivized to make a product the average consumer WANTS. They are incentivized to make something tha
by TheRealDunkirk 4y ago
It comes down to incentives. No one on the supply side is incentivized to make a product the average consumer WANTS. They are incentivized to make something that the consumer will wind up BUYING. And all of their incentives are extremely short-term, from the CEO on down, and UP, to the shareholders. All we care about is stock price. That's it. Everything, inside and out, tracks back to the singular god of share price. You can say that the trade press cares about something else, but, no, they don't. If internal metrics are making middle managers hit their KPI's, then that tracks with share price, no matter how screwed up those KPI's are. It's all just so perverse and incestuous.