logoalt Hacker News

ehnto • today at 2:39 AM • 1 reply • view on HN

You're not really arguing anything here except that greed is expected, which is fair but not logical in the sense that, there is nothing about a business that says it has to operate this way, and no law that says being a fair and good entity in our community is necessarily going to bankrupt them. It's a choice leadership makes, for obvious and boring reasons, to fuck over the general community.

Big music artists could totally sell cheaper tickets and still make enormous piles of cash.

Nvidia could have continued supporting the consumer market alongside their AI ambitions.

The sad part is that we simply don't expect it anymore, because we no longer see businesses as part of our communities. Just as profit engines, with no other goal.

Companies don't exist in a vacuum, they are entities in our community, and we should expect them to behave in a way that is beneficial and fair, and sometimes that might be at the expense of unrealised profits. Not bankruptcy obviously, but there's a wide gamut of extreme prosperity between bankrupt and trillion dollar market cap.


Replies

gruez • today at 2:56 AM

>Big music artists could totally sell cheaper tickets and still make enormous piles of cash.

>Nvidia could have continued supporting the consumer market alongside their AI ambitions.

No, in both cases they'll just get scalped. If you're selling something for $1 that the market is willing to pay $10 for, the market will find a way to equalize this.

>Companies don't exist in a vacuum, they are entities in our community, and we should expect them to behave in a way that is beneficial and fair, and sometimes that might be at the expense of unrealised profits. Not bankruptcy obviously, but there's a wide gamut of extreme prosperity between bankrupt and trillion dollar market cap.

Give me a break. This might work if it's walmart replacing a dozen local shops with a giant big box store on the edge of town, but GPUs are already a niche luxury product. If there's one sector where it's justified for companies to make outsized profits on, it's this. Otherwise it's as out of touch as getting mad at Hermes for selling $10k hand bags.