| ▲ | themanmaran 2 hours ago | |
Sure the consumer won't consume 10x more, but they're still going to reach for the better products. And let's say that work is correlated with quality. Company A wants to spend 10x less time working, while Company B works 10x more. Company B therefore has a better product than Company A, so eventually Company A goes away. The consumer still consumed the same amount, but they switched to the better product. | ||
| ▲ | lmm an hour ago | parent [-] | |
> The consumer still consumed the same amount, but they switched to the better product. Either the product was 10x better, which I don't think I need, or it wasn't really a 10x increase in productivity. | ||