During a recent episode of The Verge’s Decoder podcast, Logitech CEO Hanneke Faber shed some possible insight into the company’s view on one of its most important products. Saying that “the mouse built this house,” Faber shares the planning behind a Forever Mouse, a premium product that the company hopes will be the last you ever have to buy. There’s also a discussion about a subscription-based service and a deeper focus on AI.
For now, details on a Forever Mouse are thin, but you better believe there will be a catch. The Instant Pot was a product so good that customers rarely needed to buy another one. The company went bankrupt.
I think it’s time to stop with subscription bullshit.
I understand that they prefer that, but it quickly becomes the only purpose fulfilled by these devices which is not fulfilled by more normal ones, while the main purposes suffer, looking closer to an excuse.
Also the argument of businesses going bankrupt when something is done too well - that’s by design. Progress works via removing bottlenecks one after another. Businesses which were located at those bottlenecks die. It’s fine, the society doesn’t need them anymore. Management and employees have mostly transferable skills and experience. If they earn less, then maybe their work is worth less, since the business failed. Investors lose money, and that’s fine, it’s the purpose of investment - judge wisely and win, judge poorly and lose.
It still irritates me how sometimes socialist-minded people say that it’s bad that in capitalism businesses (and whole industries) fail, and this should be fixed, but then blame capitalism for the results of preventing businesses (or whole industries) from failing.
I have internalized all the leftist arguments heard here, some are fundamentally and practically very true, but sometimes fixing the thing you have would yield results just as good or better as looking for that better thing you don’t know where.
OK, I’ve diverted from the point.
Somehow businesses making nails and screwdrivers don’t complain about making too good a screwdriver. Because, well, the good screwdriver still dies after sometime, and the amount of people who need tools grows, yadda-yadda.
This should work the same way in computing, but hype-scamming customers is such a norm there, that doing business the normal way seems the way to bankruptcy to them. They should all fail. We are doing - for the real-life useful output, not for FLOPS and IOPS, - just a bit more than in 90s, but for orders of magnitude bigger cost.
socialist-minded people say that it’s bad
No they don’t, assuming your talking about democratic socialists not old eastern bloc socialism.