| There was a blog post linked on HN a while ago, it was about their start up they ran many years ago. They got traction with clients and were a very "engineering focused" (or similar term) organization. Their code was rock solid. It was all going great, until suddenly some new company showed up and started taking their customers. Their new competitor's software was a mess with all sorts of incomplete or pure vaporware features.... but they did get features out fast. They got beat out by Salesforce... We as people pick the winners with our money, we don't really want nice things. |
We do generally want nice things, but we can't be experts in all the things. In markets where you have mostly responsible actors, that can work out fine. But absent effective regulation or other feedback mechanisms, in many markets an actor who only cares about short-term cash extraction can beat out the people focused on long-term value by taking advantage of consumer ignorance.
A good example here is food. Before the rise of industrial meat production, you would process meat yourself or buy it from a local butcher. You had a lot of information about the meat because the processing chain was short and local. You knew the people touching your food and could smell how clean they kept the butcher shop.
But scaling that up created a lot of opacity. Suddenly it was much harder to know what went into your sausage. It was tens, hundreds, thousands of people involved, spread over many miles. Some dubious people took advantage, and so we ended up with food standards like the Federal Meat Inspection Act. [1] The system that grew out of that works pretty well; things Boar's Head recently killing 9 people [2] are surprisingly rare.
For things less risky than safety, I think a lot of good is done by people like Consumer Reports and Wirecutter. Less ignorance about which products are really good is less room for bad actors to exploit consumers. If people really didn't want nice things, those would be much less popular. Instead, I think they're a sign that people do want nice things, but just have an awful lot to do, and so can't spend much time on a single purchasing decision unless it's a really big deal for them.
[1] https://en.wikipedia.org/wiki/Federal_Meat_Inspection_Act, with a nod to https://en.wikipedia.org/wiki/The_Jungle
[2] https://en.wikipedia.org/wiki/2024_United_States_listeriosis...