this post was submitted on 04 Mar 2025
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Consumers don't buy stock, and deifnieltely not enough to influence trillion dollar company valuation, let's begin with that.
I never said they go for "the cheapest option, period". They are willing to spend extra if they get perceived, or real, value, like aestelhetics (your example) , social status (cars for instance) or functionality (iPhone).
I'm very far from libertarian, so let's abstain about speculating about each other's beliefs and let's talk about ideas.
Majaority of people in the world do NOT live in smaller communities, first, and tech only increases choices, second, so even if the first was true it's still an argument in favor of tech. I can get the new York times (or the helsingin sanomat) in the smallest village of Germany, again thanks to technology.
So you’re just gonna make stuff up as you feel it’s true?
“Consumers do not buy stock” lol yes they do “iPhone can be the cheapest option” (as long as you don’t care how much you spend and it has perceived value” “Tech only increases choices” (biggest laugh I had in a while) “Most people in the world do not live in smaller communities”
Fucking lol my dude. Sounds like you’re really projecting your life into facts of the world which is a common disease among programmers.
You know that places outside of US exist right? You know that the tech created in US cities disproportionately adversely affects 3rd world countries. If you ignore all that and go full bootlick mode on tech oligarchs then yes all you say is true, but back in the real world you couldn’t be further off base
I have never lived in the US, my man. I am not a programmer, either. So 0 for 2.
Keep up the good work, you convinced me with your Lols. Consumer definitely decide the price of stocks. And the color of the sky. You got it, champ. Typed on an electronic device. Sent over the internet. I love the hypocrisy ;)