| ▲ | wcarss 3 days ago | ||||||||||||||||
That might be true, but it doesn't have to be immediately true. It's an arbitrage problem: seeing a gap, knowing you can apply this new tool to make a new entrant, making an offering at a price that works for you, and hoping others haven't found a cheaper way or won the market first. In other words, that's all business as usual. How does Glad sell plastic bags when there are thousands of other companies producing plastic bags, often for far, far less? Branding, contracts, quality, pricing -- just through running a business. No guarantee it's gonna work. Vibe-coding something isn't a guarantee the thing is shit. It can be fine. It still takes time and effort, too, but because it can take lot less time to get a "working product", maybe some unique insight the parent commenter had on a problem is what was suddenly worth their time. Will everyone else who has that insight and the vibe coding skills go right for that problem and compete? Maybe, but, also maybe not. If it's a money-maker, they likely will eventually, but that's just business. Maybe you get out of the business after a year, but for a little while it made you some money. | |||||||||||||||||
| ▲ | lelanthran 3 days ago | parent [-] | ||||||||||||||||
> That might be true, but it doesn't have to be immediately true. It's an arbitrage problem: seeing a gap, knowing you can apply this new tool to make a new entrant, making an offering at a price that works for you, and hoping others haven't found a cheaper way or won the market first. In other words, that's all business as usual. I'm hearing what you are saying, but the "business as usual" way almost always requires some money or some time (which is the same thing). The ones that don't (performance arts, for example) average a below-minimum-wage pay! IOW, when the cost of production is almost zero, the market adjusts very quickly to reflect that. What happens then is that a few lottery ticket winners make bank, and everyone else does it for free (or close to it). You're essentially hoping to be one of those lottery ticket winners. > How does Glad sell plastic bags when there are thousands of other companies producing plastic bags, often for far, far less? The cost of production of plastic bags is not near zero, and the requirements for producing plastic bags (i.e. cloning the existing products) include substantial capital. You're playing in a different market, where the cost of cloning your product is zero. There's quite a large difference between operating in a market where there is a barrier (capital, time and skill) and operating in a market where there are no capital, time or skill barriers. The market you are in is not the same as the ones you are comparing your product to. The better comparison is artists, where even though there is a skill and time barrier, the clear majority of the producers do it as a hobby, because it doesn't pay enough for them to do it as a job. | |||||||||||||||||
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