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Yes they are. Things are often invented in fancy cars that get market-tested (at the rich customer's expense) and ones that are popular come to the mass market
by robertlagrant 3y ago
Yes they are. Things are often invented in fancy cars that get market-tested (at the rich customer's expense) and ones that are popular come to the mass market once the kinks have been ironed out. Also, people who work on yachts buy cars.
- redcobra762 3y agoYachts and fancy cares are the best industry in the world for resources to go in order to maximally spur overall economic innovation and productivity?
- robertlagrant 3y ago> Yachts and fancy cares are the best industry in the world for resources to go You're doing a trick of pretending that an example that's been successfully countered wasn't just an example, but the only thing in question. Obviously CEOs spend on various things, as do we all. > in order to maximally spur overall economic innovation and productivity If I buy a Mars Bar I'm not putting my money into what's going to maximally spur overall economic innovation and productivity. You're creating a ludicrously high bar for their spending, that you're now pretending is all on yachts and cars, to clear - one which most people's spending also wouldn't clear, if we even knew what would clear it.