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A comment on Why the Google layoffs are about personal ambition and poor leadership. Parent comment

Re:Why the Google layoffs are about personal ambition and po... by WalterBright on Wednesday January 25, 2023 @01:51PM (#34522502)
Bottom line: you're still only valuing something by what you are willing to pay for it. That is its value to you. (Others assign a different value, but that's how the market works.)

Supply + Demand determine the value.

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Re:Why the Google layoffs are about personal ambition and po... by komali2 on Thursday January 26, 2023 @10:57PM (#34542266)
Right but notice utility is mentioned nowhere. Demand is totally irrational, because it's human. See toilet paper, fujifilm x100v, tesla stock, NFTs. Supply can be arbitrarily subject to the irrational whims of humanity as well - see oil, diamonds.

"Supply + demand" seems an oversimplification of a huge chain of irrational human links.

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