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A comment on Self-driving trucks threaten one of America's top blue-collar jobs. Parent comment

Re:Self-driving trucks threaten one of America's top blue-co... by gaius on Sunday September 25, 2016 @01:23PM (#12576237)
Right, the price of anything is what people are willing to pay, there is minimal correlation with production costs. If the inputs get cheaper profits will go up but the consumer will pay the same.

Do we see massive price drops whenever any company outsources their call centre to India? Nope, the price stays the same and the execs pocket the difference in bonuses.

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Re:Self-driving trucks threaten one of America's top blue-co... by orangecat on Sunday September 25, 2016 @02:49PM (#12576716)
Right, the price of anything is what people are willing to pay, there is minimal correlation with production costs.

This only works if the seller has monopoly pricing power. Otherwise gas would be $5/gallon all the time.

Do we see massive price drops whenever any company outsources their call centre to India?

Massive, no, but the prices of most things other than housing, health care, and education have in fact been dropping.

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Re:Self-driving trucks threaten one of America's top blue-co... by brianlweiner on Sunday September 25, 2016 @03:06PM (#12576815)
Or they are in response to internal rising costs; e.g outsource 20 IT positions because health insurance costs for your other 200 employees are increasing 16%.
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