Comment on Americans are holding onto devices longer than ever and it's costing the economy
its_me_xiphos@beehaw.org 2 days ago
I am not an economist. I am not an expert on anything consumer. It is, however, plainly obvious that companies are trying to squeeze blood from a stone at this point. They can’t make money anymore with pay to own and innovation like they used to for a variety of reasons. From greed to enshitification. If you look at it with a different view, everyone is poorer because they are greedy, they’ve ruined everyone’s lives but must make numbers go up. So they find new and terrifying ways of screwing you over for diminishing returns. Like this. Relying on turnover sales and nothing else.
gandalf_der_12te@discuss.tchncs.de 1 day ago
The best way to grow the economy is to develop spaceflight. If you fly to mars, there’s millions of acres of free real estate waiting for you. Time to construct and grow the market.
There’s no more meaningful growth on Earth possible, because the physical limits have been reached. This effect has been predicted as far back as in 1970 with the report: The Limits To Growth. We’re finally seeing the effects of that now.