It's been interesting to watch, in my lifetime, companies change from responding to competition with, "We need to improve the product for our users." to "We need to trap the users in our burning building and squeeze them for every last dime."
@vaskaraeca TBH I don’t think there was ever a Golden Age™ where it was normal for companies to compete on quality. Sure, there have always been some companies that do that, or claim it at least for a while, but most try to hook consumers on their shitty products. Tobacco companies are a very obvious example, but when you look you see it everywhere since time immemorial.
@squishymage42@vaskaraeca#InstantPot has been forced into #bankruptcy by "#investors" because the product, while extremely popular, is too well-built to allow for endless repurchases by loyal customers fast enough to spur "infinite growth", thus violating the fundamental business concept of "#PlannedObsolescence".
@ricardoharvin Those are just things that popped up when I was searching for instant pot while trying to make the connection. Because I'm trying to follow the history to see where the investors are tanking it.
Add comment