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Capitalism only encourages economies of scale to a low level. Apple switched from PowerPC to Intel and even at minority market saturation switch to in-house ver
by karmakaze 3y ago
Capitalism only encourages economies of scale to a low level. Apple switched from PowerPC to Intel and even at minority market saturation switch to in-house vertical CPU. Mobile of course made a huge impact but wasn't a market leader globally.
And once being tied to a vendor there's no real incentive for right to repair etc.
- pie420 3y ago"minority market saturation" let's stop repeating this nonsense. You wouldn't say LVMH has minority market saturation in the clothing industry, because it doesn't compete in the global clothing industry. It competes in the global luxury goods market, where it has a dominant market majority control. Similarly, Apple has, and for a long time has had, a near monopoly on the luxury electronics market.
- karmakaze 3y agoI was responding to 80% of parts in 80% of cars and in that context is certainly a minority.