There are tens of much more successful robot vacuum companies. You do not buy roomba because of their capability in making robot vacuums, that already drove them bankrupt. If all you wanted was the brand name, you could have bought just that. The valuable asset here is the large number of products in people's homes which can now be monetized.
Self custody of cryptocurrency, for the vast majority of people, is riskier than putting their money in the bank. Most people lack the technical competence to keep their crypto secure, and the downside of losing access is much more significant. Notice that the stories regarding banks go "I had to sue them to get it back". With cryptocurrency, in the vast majority of cases, it would instead be "the money was gone for good".
Ordinary backups don't aim to replace the full service. When you have a stock of food, you don't have enough to last you a lifetime. You have enough to weather a storm. The equivalent for tech would probably be having an offline copy of your "essential" data, but not of every photo you ever took. It would protect you from temporary internet disruption, or if a provider suspended you for a few days, but not if they banned you completely with no recourse.
I had remembered it was "convert and copy", but cc was already taken by the c compiler so they shifted it down a letter. That might have been apocryphal.
At a certain point, employing humans will become pointless. Robots will be able to do everything a person can for cheaper. This will divide people into two camps: those who own enough shares of robot companies to live off of dividends, and those who don't. The latter will be destitute, and also by far the largest camp. You will have an army of millions of smart, capable, very angry, and very hungry people. They will go into revolt, unless you give them some solution. That is why you will do UBI.
If you have an iphone on an old version of ios, you can install the latest version of some software you bought/downloaded for free compatible with that ios version.
My experience is that plugs from the same manufacturer as the device tend to keep holding tightly, but mixing makers is unreliable. Apple plugs in particular tend to slide out of my samsung phone really easily. I guess whoever speced usbc didn't bother with the details of how it would stay in, and every manufacturer figured out their own solution.
When companies compete, consumers win. Don't make the error of thinking that because they're doing it for selfish reasons, it doesn't benefit you.
> If you had to bear the true cost, it would be $150.
That might be true, but it probably isn't. A larger company can spread the cost out over a larger number of customers, meaning the cost per customer is lower.
That might be true of handbags, I am doubtful it is true of dolls. A handbag is a necessary accessory and has been for decades. The popular brands grew their way there slowly over many years. A company that explodes into popularity suddenly for a product people never knew they needed is likely to only stay in the spotlight for a short while and is best served taking advantage as best they can.
I agree that cashing in quickly before the fad faded was probably the right move for Labubu. However, there’s no world where Birkins (or other designer handbags) are a “necessary accessory”.
A handbag is necessary for many people to carry their thing. Whether they choose a more or less expensive item to fulfill that function is a separate question.
A lot of designer handbags are truly awful at carrying things. In practice they are primarily used as fashion accessory rather than as a functional bag.
True, but this does not particularly apply to the Birkin, which was famously created for the actress Jane Birkin after she complained to the CEO of Hermes that she couldn’t get a bag big enough to hold both scripts and baby diapers. Sure, it’s not as good at carrying things as a backpack, but it’s not bad either.
It does delight me no end to see a whole thread on handbags on HN. I agree with one of the parent posters though, handbags are an unusual category with long-lived brand status (like cars and watches) and not really comparable to lububus.
> which was famously created for the actress Jane Birkin after she complained to the CEO of Hermes that she couldn’t get a bag big enough to hold both scripts and baby diapers. Sure, it’s not as good at carrying things as a backpack, but it’s not bad either.
I checked this out and was amused to see that wikipedia notes:
> Birkin used the bag initially but later changed her mind because she was carrying too many things in it: "What's the use of having a second one?" she said laughingly. "You only need one and that busts your arm; they're bloody heavy. I'm going to have an operation for tendonitis in the shoulder".
In my experience it's pretty common to carry stuff in backpacks. They put a lot of weight on your spine, which can take it. Jane Birkin's comment reminded me of the idea in Dave Barry's Only Travel Guide You'll Ever Need that frequent travelers are always on the lookout for luggage that can hold more than it can actually hold.
I always found the birkin interesting because of how working class it looks versus its price tag. I grew up fairly poor, and the birkin bags always remind me of the leather purses my aunts, grandmothers, and teachers would carry.
This seems to occur in high fashion a lot, an upscale rendition of something popular among the working class.
It happens in fashion going both ways for a variety of reasons, though with fast fashion it's all so intermingled.
Many rock bands with working class roots "bring up" styles (like the newsboy cap), but also lower classes try and "look" upwards which can give us the nouveau riche clichés. Celebrities trying to hid their identity in public started to wear large sunglasses and suddenly everybody would start to wear them.
It's the primary reason why brands have become so important - fabric quality can vary, but jeans are otherwise just jeans; slap Gucci or Prada on it and suddenly you're signalling conspicuous consumption.
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