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Re:Tuition costs have risen 710% since 1983 (1200% since 198... by ye-olde-sysrq on Monday July 10, 2023 @01:17PM (#36669505)
How cheap TVs are is unreal. I was looking at the display TVs at Target and the largest one was only about a grand, maybe a touch less. Ridiculous how big of a panel, complete with "smart" OS and etc, you can get for <=1k.

(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.

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.