So, uh, I can mathematically prove that segmentation by pointless destruction is pointlessly destructive. https://economics.stackexchange.com/questions/5706/what-do-supply-demand-curves-really-look-like …https://twitter.com/Alrenous/status/908334130030456832 …
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Replying to @Alrenous
Implicit in this is such a wholesale rejection of the Efficient Markets Hypothesis it leaves me a little breathless. ...
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Replying to @Outsideness @Alrenous
... If they've got it this badly wrong there are literally multi-billions of USD sitting on the sidewalk. (And you're seriously underpaid.)
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Replying to @Outsideness
There are possible objections. I'll repeat the status thing. Reversible software limitations are non-destructive, sometimes have upsides.
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Replying to @Alrenous @Outsideness
This is mainly about IC manufacturers vandalizing their own boards, which is retarded.
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Replying to @Alrenous @Outsideness
Chip manufacturing is an oligopoly, due to fab plants being so expensive. Oligopoly markets are often inefficient.
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Replying to @Alrenous
If chip manufacturing is "inefficient" everything is. It's the model of efficiency. Actually strong enough to produce secular deflation.
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Replying to @Outsideness
Earlier you argued it outpaces consumer expectations and can't priced rationally. So sure, why not. Moore's is the inefficient version.
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Replying to @Alrenous
"Can't be priced rationally" is your gloss on the phenomenon. "Can't be priced optimally without deliberate product-hobbling" is 'mine' ...
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... which is to say the industry's (ICT, and now it seems electric cars). ...
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Replying to @Outsideness @Alrenous
... Based on practical hypothesis that, in the short-term, technological improvement can out-run market absorption capacity. ...
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Replying to @Outsideness
(this can only be true if demand curves for high-end chips suddenly don't work like anyone else's demand curves)
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