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Old 05-26-2020, 04:51 PM   #1909
Hank Chinaski
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Re: Swede emotion

Quote:
Originally Posted by Tyrone Slothrop View Post



Tech *is* different in ways you are struggling to articulate, and one of them is that we are talking about businesses with high fixed costs and low marginal costs. Since the rational thing to do is price to marginal cost, that leads to low prices. Google has owned search for a long time, and has never started charging for it.
"Tech companies" create jobs. Google didn't start Google to reduce labor costs at Google. They could have just stayed in their garage smoking bud and had no labor cost. In the 80s and 90s, the companies building assembly robots created jobs, at their companies. None of that is arguable.

Robots did reduce jobs at the companies that bought the robots, but I'm not sure I see similar reductions from the e-industries?
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