4 ms·
There’s sort of a thing where you can’t just have a sustainable company because if you don’t increase your profits you end up losing money, just like how not ge
by luxuryballs 4y ago
There’s sort of a thing where you can’t just have a sustainable company because if you don’t increase your profits you end up losing money, just like how not getting a pay raise is actually a pay cut.
Inflation seems often glossed over as no big deal in theory but in reality it doesn’t balance out cleanly at all. So basically cutting costs and finding ways to increase profit becomes more than just investor motivated and here we are in the future where labor is expensive (also due to regulatory/liability burden) and materials are cheap so things end up being increasingly boring and stripped away.
Just compare architecture from 200 years ago and today and it’s a visual economic metaphor for everything else, and the side-effect of vanishing elegance and culture is like a twisting of the economic dagger.
- dzhiurgis 4y agoOld phones are getting passed on to others and more phones = network effect to sell services. Apple already makes a killing on icloud.