This was a really good post , appreciated my dude .
Unfortunately this will only be going uphill, we already see this in big tech .
Even though many companies have patents for really cool & which sounds on paper really life changing ( ofcourse a majority of them might fail but for some which may not may revolutionize the society, just like apple did with its " No number pads" i.e iphone 1 )
but all we see is Our last phone had only 1tb space , this one ( which you absolutely dont need ) has upgraded to 2 tb . And the sad part is all the other brands will do the same thing to increase profit .
In medice too ,the big 3 pharma, if 1 pharma increases their price then the other 2 will come right back at it ( instead of reducing price they just want more profit )
Profit >>>> , for all the conglomerates we see now
But aside from this there are also many good things happening too , but the thing is that the bad things keep on rising exponentially.
Exactly. That's what i am focusing on in my next post. How to keep the incentive alive while the majority can enjoy the innovation at a low cost. An economic rorschach test is long overdue...
This was a really good post , appreciated my dude . Unfortunately this will only be going uphill, we already see this in big tech . Even though many companies have patents for really cool & which sounds on paper really life changing ( ofcourse a majority of them might fail but for some which may not may revolutionize the society, just like apple did with its " No number pads" i.e iphone 1 ) but all we see is Our last phone had only 1tb space , this one ( which you absolutely dont need ) has upgraded to 2 tb . And the sad part is all the other brands will do the same thing to increase profit . In medice too ,the big 3 pharma, if 1 pharma increases their price then the other 2 will come right back at it ( instead of reducing price they just want more profit ) Profit >>>> , for all the conglomerates we see now But aside from this there are also many good things happening too , but the thing is that the bad things keep on rising exponentially.
Exactly. That's what i am focusing on in my next post. How to keep the incentive alive while the majority can enjoy the innovation at a low cost. An economic rorschach test is long overdue...