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I don't think that has anything to do with software, but business in general. People who have trouble feeding and clothing their children aren't going to be goo
by Retra 11y ago
I don't think that has anything to do with software, but business in general. People who have trouble feeding and clothing their children aren't going to be good customers for your food and clothing business, but people with disposable income and 'first-world-problems' make great customers for your dating site.
So the complaint is really that capitalism doesn't solve societies problems, but it does a great job at solving middle-class twenty-something males' problems.
- icebraining 11y agoWell, I certainly can't speak for Liukas, but I don't agree with that. Walmart didn't become one of the ten largest companies in the world by targeting the middle-class twenty-something males' problems - they did so by selling cheaper stuff, for people who are price-sensitive even on essential items like food. Another good example is Enfamil, a baby formula which is also one of the most profitable products in the world. Or drugs - selling treatments for diseases is a great business, and hardly a non-problem for society. There's plenty of money to be made selling to people with low disposable income, simply because there are many more of them than well-off twenty-somethings, and because many of their expenses are subsidized.
- Retra 11y agoThat's true, but your margin for error is much smaller in that market. It's much harder to make a profit when you need to make your goods cheap, unless you are making them at scale, which also increases the barrier to entry. The reason Walmart is so large it because it's nearly impossible to compete with them. It is much easier to compete for the well-off twenty-something's spending.