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by wpietri
5394 days ago
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Shockingly incorrect. You're letting the convenient fiction of money (plus shoddy accounting) confuse your thinking. Value is the only thing that matters. Suppose you spam your way to a million dollars selling fake Viagra. You have created no value. Your customers have all wasted their time. You've also wasted 100x the time of people who didn't buy. There's more waste in computing capacity and bandwidth, plus the time sysadmins spend fighting and cleaning up after. The resources spent hosting and sending the spam were wasted, plus the time and resources spent making fake pills and fake packages. The general rule of thumb for business is 10% profit on expenses, so let's assume you had to burn $10m of your own resources to make your $1m. Spamming, though, mainly shifts costs elsewhere. Guessing a 5:1 ratio, let's say you wasted $60m to make $1m. If we suppose that you're a generous parasite, you'll give 10% to charity, 100k. 25% overhead is very good for charities, so we'll say $75k of resources end up improving the world out of the $60m you wasted. Rather than being "hundreds of time more efficient", you're closing in on 100x worse. |
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