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Absolutely they do, which is why the competition could not compete. Once the whole market is dominated by a few companies, it lets them get a little more creative with how they price things, and a little lazier with their coding practices.
This is what I don’t get. Progress and tech are supposed to make things cheaper and more efficient, not more expensive and resource hungry.
The rebound effect summarised
Absolutely they do, which is why the competition could not compete. Once the whole market is dominated by a few companies, it lets them get a little more creative with how they price things, and a little lazier with their coding practices.
We are more efficient. In my work computer automation has saved the equivalent to five thousand workers
Those five thousand workers don’t get to work a fraction of a day for the same pay, the saving is made a level or five above the workers
Some of our savings are hidden by inflation, but many products are far cheaper now