Re:Tuition costs have risen 710% since 1983 (1200% since 198...
by spondylosaurus on Monday July 10, 2023 @01:19PM
(#36669537)
It probably helps that smart TVs provide one of the most lucrative environments for selling ads... although tbh I don't know if the hardware manufacturers get any kickback on that, but the people who develop the software where ads are shown almost certainly do.
Re:Tuition costs have risen 710% since 1983 (1200% since 198...
by delfinom on Monday July 10, 2023 @01:22PM
(#36669597)
They all develop their own smart tv functionality, originally at least. That was how they captured that ad revenue. The Vizio CEO actually stated the margins were non-existent but made up on the smart tv garbage.
There obviously is a different arrangement when you have companies like TCL putting in Google TV.
Re:Tuition costs have risen 710% since 1983 (1200% since 198...
by skyyler on Monday July 10, 2023 @01:20PM
(#36669565)
With TVs specifically, aren't their costs subsidized by the SmartOS features?
Re:Tuition costs have risen 710% since 1983 (1200% since 198...
by hospitalJail on Monday July 10, 2023 @01:33PM
(#36669789)
The US medical industry is the opposite of capitalism. Heck, most of our budget goes to Medicare and Medicaid.
Re:Tuition costs have risen 710% since 1983 (1200% since 198...
by brummm on Monday July 10, 2023 @01:47PM
(#36670090)
No it's not. It's a state facilitated oligopoly situation, which is the ideal end state for any industry as part of capitalism short of a monopoly. Guaranteed high income for everybody involved and disruption essentially not possible.
Re:Tuition costs have risen 710% since 1983 (1200% since 198...
by lordnacho on Monday July 10, 2023 @02:11PM
(#36670554)
Yeah it's weird explaining it to my kid:
"When dad was your age, TVs cost a heck of a lot of money, had terrible resolution, took several grown men to carry, and were almost as deep as they were tall"
"Last year I carried home a larger TV with 40x the number of pixels by myself, and paid for it with one day's work"
Re:Tuition costs have risen 710% since 1983 (1200% since 198...
by boeingUH60 on Monday July 10, 2023 @02:14PM
(#36670612)
Same with laptops and PCs. I'm actually in awe of how cheap they've become. For sub-$500, I can get a high-performing work laptop that pays for itself over and over again.
(Mind you, I know "largest" doesn't mean most expensive usually - indeed the most expensive TV was "only" 65" but was still <$2k.)
Capitalism has certainly worked really well for this one specific consumer good.