DrPsyker
Joined 11 years ago
Karma
77
Submissions
18
Member since
Feb 10
Recent submissions
Comment · 5 years ago
Comment · 9 years ago
To be clear the author is a friend of mine. He just writes shit that interests him. Believe he has a few tech investments himself as well.
Comment · 9 years ago
This is bang on.
Comment · 9 years ago
Well, given there's shipping costs here blowing out and Prime has been proven to be losing money the more a customer buys, not sure your statement holds up.
Comment · 9 years ago
Loss leading is different. It's when you discount a product to attract people to an overall experience (a supermarket, for example). Not when you discount the price of your core product.
Comment · 10 years ago
Definitely. I just suggested capitalism wasn't fit for purpose. The reason I use Luddites as an example is because it was a violent reaction to a social problem created by technology.
That's not a bad problem, but it's also worth recognising that we've got to think of our social structures to keep pace with the great things technology is doing for our lives.
Comment · 10 years ago
My intent (this is my article) with the Luddites was to show that technological change also drives social change. In the case of the Luddites, they accurately recognised that automation will eventually kill "jobs" (at least as we understand them). It's fairly logical that new governance emerges as conditions in society change.
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