3 ms·
> Profit simply means other people find it valuable enough to compensate you to use whatever you’ve made. In the spherical cow in vacuum market maybe. In pract
by rightbyte 1y ago
> Profit simply means other people find it valuable enough to compensate you to use whatever you’ve made.
In the spherical cow in vacuum market maybe. In practice there is rent seeking, profiteering, corruption, nepotism, etc ...
- tsunamifury 1y agoLate stage yes. But design has created the most valuable and profitable products and companies in the world. Apple Ferrari Google Porsche Smaller companies like Yeti or Braun Etc etc Once they use design to achieve dominance yes they do the rent seeking you are talking about.
- rhetocj23 1y agoMonopoly profits are the allure of innovation. Its the same reason those life-saving medicines get developed (patents). Why is this a bad thing? Personally Id rather have an Apple monopoly than MSFT for instance. I really love using my Apple products. I never enjoyed using a single MSFT product.
- red-iron-pine 1y agou/rhetocj23 is a one day old account made of random characters that is actively advocating for an Apple monopoly and talking shit about MSFT in multiple posts. remember folks 20-40% of social media is bots -- this is just a low-hanging fruit
- rhetocj23 1y agoyou sound like a cry baby.