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Not true. Sell a $0.50 coffee next to Starbucks with the same quality and it will drive demand. Lower prices drive demand.
by aurareturn 10mo ago
Not true. Sell a $0.50 coffee next to Starbucks with the same quality and it will drive demand. Lower prices drive demand.
- menaerus 10mo agoSo, more people will start drinking coffee all together or same amount of people will be redistributed across Starbucks and my new fancy espresso bar?
- aurareturn 10mo agoMore people will drink coffee if it’s cheaper and some people from Starbucks will order from you now. It’s not controversial economics that lower prices drive more demand.
- menaerus 10mo agoEconomics 101, right? Since developing software, writing the technical documentation, and exercising QA became all of the sudden 1000x cheaper than it was a year ago, how come we don't see the substantial increase in demand of software/QA/doc engineers then? I see the opposite happening right now, e.g. many people losing their jobs to $30/month AI model.