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by Rhapso 466 days ago
Lower quality is fine economically as long as it has a good enough reduction in cost to match
1 comments
michaelteter 466 days ago
No thank you.

You've just explained "race to the bottom". We've had enough of this race, and it has left us with so many poor services and products.

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FirmwareBurner 466 days ago
The race to the bottom happens regardless whether you like it or not. Saying "no thank you" doesn't stop it. If only things in life were that easy.
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afiori 466 days ago
Races to the bottom are incentive driven as anything else
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FirmwareBurner 466 days ago
Sure because the incentive is always quick and easy money.

Apple nearly went bankrupt in the late 90s early 00s by avoiding the race to the bottom of the PC industry till they pivoted to music players. Look at the auto makers today.

Unless you can convince customers why they should pay a premium for your commodity products, you will be wiped out by your competitors who do not refuse the race to the bottom.

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