Comment by simmonmt
3 hours ago
It's not entirely the fault of the industry. Consumer preferences are part of this equation too.
https://www.streamtvinsider.com/advertising/roku-vizio-lean-...
If consumers are unwilling to shell out for a TV priced high enough that the manufacturer doesn't need to do things like this to earn a (decent) profit, then what we've got is what you get.
You could certainly argue that the industry should've held the line, but that ignores human nature. One "innovative" manufacturer was always going to break ranks then the rest would follow, especially since the typical consumer appears (judging by the lack of non smart TV's for sale at consumer prices) to prefer lower prices to lack of tracking features. I think people very much like being able to buy a 65" tv for USD399.
If you want to mandate the sales of TVs that don't track, get a law passed. I suspect it'd be deeply unpopular once the resulting price rises were known.
> If consumers are unwilling to shell out for a TV priced high enough that the manufacturer doesn't need to do things like this to earn a (decent) profit, ...
The problem is, even if the device is priced at cost plus a reasonable margin, they can make more margin by selling data that they acquire by spying. No matter the margin on the sale, there's still more money to make by selling that data. There is no upper limit that magically prevents the manufacturer from looking for other avenues to increase profit. "Premium" device priced 3x the "reasonable" price? Still more money to be made selling data.
Now, factor in the race to the bottom on selling price, and those data sales just look that much more enticing.
What do you mean? I don’t recall ever asking manufacturers if I could trade my privacy for a discount. I don’t remember that at all…people will pay whatever the price is, if inflation hasn’t taught that to you, then I’m not sure what to tell you. The other thing inflation showed us, is that manufacturers will absolutely put a price on what they feel is “decent profit.” Cmon dude. Do you not remember how much we paid for eggs?! Which, i think it was found later to be that the manufacturers “manufactured,” “scam-bled eggs.”
You know, I’ve been thinking, I don’t think im being paid enough! Im giving myself a raise. We can do that, right?!
>I don't recall asking
Companies can develop new products without your advice. In fact consumers often don't know what they want.
>people will pay whatever the price is
Then why do businesses have sales? If prices don't matter why would businesses choose to make less money per sale?
> Companies can develop new products without your advice. In fact consumers often don't know what they want.
I'd urge reading up on revealed preference and product discovery. It cuts both ways in that, sure, a company can offer a product on the market that no buyer asked for and have it sell well, but then, the media can expose some rather unsavory facts about that same product and subsequently (consequently?) have it not sell.
> Then why do businesses have sales? If prices don't matter why would businesses choose to make less money per sale?
It's worth picking this apart. Prices not mattering is usually expressed in economics-ese as price-inelastic demand, and that's usually not what's happening. Sales are a mechanism for drumming up demand for a product, with the hope that the additional volume will compensate for the marginally lower margin.
You're expecting consumers to be able to compare these anti-features that are actively hidden from them. It's like airline seats - airlines get away with continually shrinking them because consumers have no way to actually compare airline seat sizes ahead of time.
This stance is so anti-consumer it's laughable. Are you seriously implying LG doesn't turn a decent profit with their massive empire? There's an issue with capitalism of chasing infinite growth rather than stability, and this is one of the consequences of chasing such growth.