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@ DustRG
2025-06-11 06:56:15
When things become so easy to make that there is very little profit, they will be included in other services as a way to improve the other service. Calculators are essentially free now, yet we all expect them to be available on our phone and computers. It took effort to put them there, but it just contributed to a larger product.
For a more physical good example. Lets say for instance, it was no longer profitable to sell shoes because they were so easy and cheap to make, that there was an over supply and prices fell dramatically. Well people still need shoes. So maybe instead of buying shoes, theyre just available for free at the grocery store, with stores providing this as a service to attract customers. Something like that. Why would i go to a store without free shoes when i could go to a store that offers me free shoes.
Not likely to happen with shoes considering the premium people put in brands but i think it gets the point across.
There would no longer be much investment opportunity in shoes, but this is because there is no extra capital needed.
Would this lack of capital investment be bad for the economy? Not necessarily, because that capital can now be invested somewhere it is more needed, while everyone still gets free shoes and a better living standard.