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There's nothing fundamentally wrong with charging more for a better product, even if you are capable of delivering that product to more people. McDonald's doesn

by lupire 3y ago

There's nothing fundamentally wrong with charging more for a better product, even if you are capable of delivering that product to more people. McDonald's doesn't owe its fries customers free burgers just because the burgers are going stale soon. The problem is when there is no effective market for price competition. With a competitive market, prices will naturally drop to approximately efficient resource allocation

alliao 3y ago
just like the texas electric grid right? poster child of free market infrastructure
convolvatron 3y ago
assuming there is a fixed-size pipe owned by a third party which doesn't use statistical multiplexinging, with open access rules to logical providers that charge for things like QOS and transit...then sure. otherwise you're talking about a spherical cow
orbisvicis 3y ago
It's a bit like health insurance. Instead of grouping everyone into a big bucket and charging the average price, you start classifying people in smaller and smaller buckets: sex, age, weight, family history, genetics, parent's genetics, history of illness, occupation, zip code, building age, hobbies, partner's hobbies ... until you are basically subsidizing yourself plus a cut for the middleman. And McDonald's can charge more for people who roll through the drive-thru in expensive cars, then do a soft-pull through the payment processor, then pay a 3rd party for your current income, then get your credit score, then scan your twitter history for controversial posts, then lower prices for customers who spend equally at Burger King, then raise prices for people who are bad for the bottom line such those who vote for more govt regulation... or maybe democrats in general. I mean, the goal is to maximize profits, so there's nothing wrong with that. Everybody needs individualized probing to determine the price they can bear as individuals. That's market competition for you - efficient resource extraction.
- doubleg72 3y ago
  Thanks for the wonderful ideas!
xinayder 3y ago
It's not a better product, you're just going against net neutrality and charging more to "unlock" your bandwidth.

by lupire 3y ago

alliao 3y ago

just like the texas electric grid right? poster child of free market infrastructure

convolvatron 3y ago

assuming there is a fixed-size pipe owned by a third party which doesn't use statistical multiplexinging, with open access rules to logical providers that charge for things like QOS and transit...then sure. otherwise you're talking about a spherical cow

orbisvicis 3y ago

It's a bit like health insurance. Instead of grouping everyone into a big bucket and charging the average price, you start classifying people in smaller and smaller buckets: sex, age, weight, family history, genetics, parent's genetics, history of illness, occupation, zip code, building age, hobbies, partner's hobbies ... until you are basically subsidizing yourself plus a cut for the middleman. And McDonald's can charge more for people who roll through the drive-thru in expensive cars, then do a soft-pull through the payment processor, then pay a 3rd party for your current income, then get your credit score, then scan your twitter history for controversial posts, then lower prices for customers who spend equally at Burger King, then raise prices for people who are bad for the bottom line such those who vote for more govt regulation... or maybe democrats in general. I mean, the goal is to maximize profits, so there's nothing wrong with that. Everybody needs individualized probing to determine the price they can bear as individuals. That's market competition for you - efficient resource extraction.

doubleg72 3y ago
Thanks for the wonderful ideas!

xinayder 3y ago

It's not a better product, you're just going against net neutrality and charging more to "unlock" your bandwidth.