▲ 873 ▼ Thanks a lot, AI: Hard drives are already sold out for the entire year, says Western Digital (mashable.com) submitted 8 months ago by floofloof@lemmy.ca to c/technology@lemmy.world 125 comments fedilink hide all child comments
[+] natecox@programming.dev 96 points 8 months ago* (last edited 1 month ago) (5 children) [deleted] permalink fedilink source hideshow 5 child comments replies: [–] sirboozebum@lemmy.world 20 points 8 months ago How can you doubt the Invisible Hand? Have you not seen how much it jerks? permalink fedilink source parent [–] Aceticon@lemmy.dbzer0.com 7 points 8 months ago (1 child) The part the people peddling the Free Market as self regulating never say is that only markets with no barriers to entry like for soap or teddy bears are actually Free and most are no such thing. permalink fedilink source parent hideshow 1 child comment replies: [–] freebee@sh.itjust.works 4 points 8 months ago I think even both teddybears and soap are quite regulated markets in EU, could probably require a capital to enter the market a lot larger than you would think, to get anywhere beyond the local flea market level of sales. permalink fedilink source parent [–] UltraGiGaGigantic@lemmy.ml 5 points 8 months ago "Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.” Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations permalink fedilink source parent [–] vaultdweller013@sh.itjust.works 3 points 8 months ago The thing is most of that comes from early market theory that almost universally had a warning not to do or allow this type of shit. permalink fedilink source parent
[–] sirboozebum@lemmy.world 20 points 8 months ago How can you doubt the Invisible Hand? Have you not seen how much it jerks? permalink fedilink source parent
[–] Aceticon@lemmy.dbzer0.com 7 points 8 months ago (1 child) The part the people peddling the Free Market as self regulating never say is that only markets with no barriers to entry like for soap or teddy bears are actually Free and most are no such thing. permalink fedilink source parent hideshow 1 child comment replies: [–] freebee@sh.itjust.works 4 points 8 months ago I think even both teddybears and soap are quite regulated markets in EU, could probably require a capital to enter the market a lot larger than you would think, to get anywhere beyond the local flea market level of sales. permalink fedilink source parent
[–] freebee@sh.itjust.works 4 points 8 months ago I think even both teddybears and soap are quite regulated markets in EU, could probably require a capital to enter the market a lot larger than you would think, to get anywhere beyond the local flea market level of sales. permalink fedilink source parent
[–] UltraGiGaGigantic@lemmy.ml 5 points 8 months ago "Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.” Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations permalink fedilink source parent
[–] vaultdweller013@sh.itjust.works 3 points 8 months ago The thing is most of that comes from early market theory that almost universally had a warning not to do or allow this type of shit. permalink fedilink source parent