• SCB@lemmy.world
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    1 year ago

    Supply can create demand

    Sure, with very specialized things like highways.

    Not for most goods. In no way is that how money is spent within a company.

    • Mr_Dr_Oink@lemmy.world
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      1 year ago

      I guess the example i gave of folding phones bares no weight in this discussion?

      A not very popular form of phone that very frw people asked for being created and despite minimal interest it is still gettig made. The galaxy fold 5 came out recently. And google just made a folding phone. Many other companys: Huawei, xiomi, oppo and more have made folding phones. And adverts for these devices are only just making their way to the main stream.

      Perfect example of supply genrating demand as people are talkkng about them jow, and becoming interested. Sales of folding phones are increasing steadily.

      But i guess thats just not how it works eh?

      • SCB@lemmy.world
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        1 year ago

        Phones, and tech in general, has always been an innovation arms race. If one company starts making foldable phones, you’ll see competition join in.

        This isnt manufactured demand, it’s n industry defined by throwing gimmicks at the wall until one Is popular

        See the abject failure of the Windows phone as a classic example of an entry failing.

        Edit: came across this on my news scroll today: https://www.cnbc.com/amp/2023/07/28/ford-embraces-hybrids-as-it-loses-billions-on-evs.html

        But why double down on hybrids just as the industry is making a big push toward pure EVs?

        “What the customer really likes is when we take a hybrid system that’s more efficient for certain duty cycles and then we add new capabilities because of the batteries,” Farley said.