386
this post was submitted on 10 Aug 2025
386 points (99.2% liked)
Technology
73850 readers
4355 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Monopolies are good for the consumer as it makes purchasing decisions easier. Some tech markets such as the GPU one show how well a monopoly can work for shareholders.
Monopolies are good for the consumer?
Respectfully, what the fuck are you talking about. That has never been true ever.
Based on the last sentence, I believe it’s satire.
I thought the second sentence made that clear but apparently not.
If only there was an understood way to convey sarcasm.
There is /s but I opted not to use it. Using it makes the sarcasm less "fun"/rewarding for me.
I am quite surprised at the amount of people that think people exist that would praise a monopoly and celebrate shareholder value. Sadly people thinking that means that they have encountered people who hold such beliefs seriously. Which is quite sad.
If you’ve never been to the US, don’t. Half the population unironically hold those beliefs as sacred.
Okay celebrating shareholder value I get in an indoctrinated pure* capitalist society.
But praising a monopoly? Wasn't that one of the main points capitalism should prevent?
Which does not hold true in reality due to various reasons and dynamics like entry cost...
Edit: These two are related as monopoly -> big shareholder value. Still the free market should prevent monopolies. Sooo Ahhh.
You’re assuming the indoctrinated ever bothered to learn what they’re celebrating as opposed to cheering in capitalism like it’s their favorite football team.
How did you get that downvote? Must have been a mistake.
Decisions easier, quality and sanity suffers, though.
Yeah, wouldn't it be amazing if for example Apple has the monopoly on the smartphone market, so your purchasing decision would be to buy an iPhone, or a slightly larger iPhone? And they would have no competition - which is the definition of a monopoly - so they could price them at whatever they wanted to, they could even make the American iPhone a reality, because let's be real, it's kinda hard to function without a phone these days so who cares if it costs $5k, you can just sell a kidney, right? You got two of 'em.
Monopolies are such a great thing for consumers :)
(Please don't sell a kidney for an iPhone, it's a really bad decision.)
That story is really sad. To me it seems like a failing of the parents/education system to not teach the son who was 17 that selling a kidney is a bad idea.