• Mr_Dr_Oink@lemmy.world
    link
    fedilink
    English
    arrow-up
    10
    arrow-down
    7
    ·
    1 year ago

    Be real mate. Thats not how it works.

    Suppliers create the demand.

    People werent demanding smartphones before smartphones got invented.

    Most new things are shunned by most people until they slowly gain popularity and then the demand starts to exist.

    You are stating the hypothesis of capitalism whilst ignoring the conclusion.

    • SCB@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      6
      ·
      1 year ago

      Suppliers do not create demand lol

      Some of us were adults in 08 when lack of demand crippled the world

      • Mr_Dr_Oink@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        arrow-down
        1
        ·
        1 year ago

        I was 21. I remember.

        Im not saying demand doesnt fuel supply.

        Im only saying supply can create demand.

        • SCB@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          ·
          1 year ago

          Supply can create demand

          Sure, with very specialized things like highways.

          Not for most goods. In no way is that how money is spent within a company.

          • Mr_Dr_Oink@lemmy.world
            link
            fedilink
            English
            arrow-up
            3
            arrow-down
            1
            ·
            edit-2
            1 year ago

            I guess the example i gave of folding phones bares no weight in this discussion?

            A not very popular form of phone that very frw people asked for being created and despite minimal interest it is still gettig made. The galaxy fold 5 came out recently. And google just made a folding phone. Many other companys: Huawei, xiomi, oppo and more have made folding phones. And adverts for these devices are only just making their way to the main stream.

            Perfect example of supply genrating demand as people are talkkng about them jow, and becoming interested. Sales of folding phones are increasing steadily.

            But i guess thats just not how it works eh?

            • SCB@lemmy.world
              link
              fedilink
              English
              arrow-up
              1
              ·
              edit-2
              1 year ago

              Phones, and tech in general, has always been an innovation arms race. If one company starts making foldable phones, you’ll see competition join in.

              This isnt manufactured demand, it’s n industry defined by throwing gimmicks at the wall until one Is popular

              See the abject failure of the Windows phone as a classic example of an entry failing.

              Edit: came across this on my news scroll today: https://www.cnbc.com/amp/2023/07/28/ford-embraces-hybrids-as-it-loses-billions-on-evs.html

              But why double down on hybrids just as the industry is making a big push toward pure EVs?

              “What the customer really likes is when we take a hybrid system that’s more efficient for certain duty cycles and then we add new capabilities because of the batteries,” Farley said.