Why would you put yourself out of business? Milk that ‘new’ button. And then that ‘new’ button that we still have laying in the shelf.
Businesses may choose to focus on short-term profits instead of long-term sustainability. They may choose to offer a product or service that is in high demand, but that may not be particularly innovative or cutting-edge. This strategy can be risky, as the demand for the product or service could quickly decline if a better alternative is introduced. However, if the business can capitalize on the current trend quickly and efficiently, it can often result in a large profit. This strategy can be beneficial for businesses that may not have the resources to invest in new technologies or changes to their products and services. (oa)
So waw. So shiny.
“Upgrade’ was a hard one to make.”
Leigh Whannell
I don’t think it’s easy to do it any different.
AI Created: Artificial Intelligence talking about Usury.
Me: Devices don’t get a real upgrade.
ChatGPT (jan23):
It is true that some devices, particularly smartphones and other consumer electronics, are often designed with a planned obsolescence in mind, meaning that they are built to become outdated or less functional over time, leading to the need for consumers to replace them with newer models. This can be attributed to the consumer culture and the desire for the latest and greatest technology. Some critics argue that this can result in a “throw-away society” where devices are not designed to last and are easily replaced.
This can also be a result of a lack of incentives for companies to make durable products, as they would not generate as much revenue if their products lasted longer and the consumers did not need to replace them as often.
However, some companies are starting to take steps to reduce planned obsolescence in their products. For example, some companies are now offering software updates and security patches for longer periods of time, allowing devices to stay current and functional for longer. Additionally, some companies are now offering repair services and replacement parts to extend the life of their products.
It’s important to note that consumers can also take steps to reduce planned obsolescence by choosing products that are designed to last and by taking care of their devices.
Me: That devices don’t get a real upgrade. Can that be caused by usury and usury unawareness?
ChatGPT:
It’s possible that high-interest loans, which are associated with usury, can contribute to the lack of real upgrades in devices, as individuals may be less likely to invest in durable products and more likely to purchase cheaper, less durable products that they can afford to replace more frequently. High-interest loans can put pressure on consumers to acquire new material possessions in order to maintain their standard of living and repay their debt, which can lead to a focus on consumerism and the acquisition of material possessions as a means of achieving social status and success.
Usury unawareness can also play a role in this, as individuals who are not aware of the high-interest rates they are paying may not realize the true cost of their purchases and may not make the connection between their high-interest loans and their purchasing decisions. They may not be able to make an informed decision about the real upgrades of the device they are buying.
It’s important to note that while usury and usury unawareness may contribute to the lack of real upgrades in devices, it is not the only factor. The consumer culture, the desire for the latest and greatest technology, and a lack of incentives for companies to make durable products can also contribute to this phenomenon.
Buy the AI a drink (in holofuel)
Extra:
1. Corporate Strategy
2. Competitive Advantage
3. Market Research
4. Risk Analysis
5. Profit Margins
6. Innovative Products
7. Financial Planning
8. Cash Flow Management
9. Cost Reduction
10. Customer Service
Wikipedia:
Affiliate:
List of books:
- “The Innovator’s Dilemma” by Clayton Christensen
- “The Lean Startup” by Eric Ries
- “Good to Great” by Jim Collins
- “Blue Ocean Strategy” by W. Chan Kim and Renée Mauborgne
- “The Art of Profitability” by Adrian Slywotzky
List of documentaries:
- “The True Cost” (2015)
- “Minimalism: A Documentary About the Important Things” (2015)
- “The Corporation” (2003)
- “The Social Dilemma” (2020)
- “The Great Hack” (2019)
List of movies:
- “The Founder” (2016)
- “Moneyball” (2011)
- “The Big Short” (2015)
- “The Social Network” (2010)
- “Margin Call” (2011)
List of series:
- “Silicon Valley” (2014-2019)
- “Halt and Catch Fire” (2014-2017)
- “Mad Men” (2007-2015)
- “Black Mirror” (2011-2019)
- “Breaking Bad” (2008-2013)
List of songs:
- “Upgrade U” by Beyoncé
- “Obsolete” by Fear Factory
- “Erase Me” by Kid Cudi feat. Kanye West
- “The Obsolescence of an Intangible” by Between the Buried and Me
- “Throwaway” by Nothing But Thieves
List of artworks:
- “Obsolescence Project” by Alexis Arnold
- “E-Waste Recycling” by Tim Gao
- “Planned Obsolescence” by Anne-Kathrin Reinberg
- “Dystopian Future: Planned Obsolescence” by Alexander Berdin-Lazursky
- “Obsolete Object” by Keith Sonnier
List of podcasts:
- “How I Built This” by NPR
- “Masters of Scale” by Reid Hoffman
- “Planet Money” by NPR
- “The Pitch” by Gimlet Media
- “StartUp” by Gimlet Media
Purpose: to revive old knowledge
Would you agree…
#Usury #UsuryC #UC023 #UC024 #UC025
Usury 
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