Comment

Comment by alt227

The luxury market has been commoditised.

No matter how many billions you have in the bank, you cant get a better netflix subscription, TV, or iPhone than the normal person. This is the 'march of progress' you speak of. The things people wanted and coveted most have been squashed to a market value most people can just afford, and then subsidised with credit plans to make them affordable by all.

This is the basics of modern economies. It is not separate to technology progressing. The technology progressing has become the foundation of all modern economies.

parent alt227 2 months ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton