I suspect there are even more components in a pickup truck than in a fridge, but I agree that the relative cost of repair vs. replacement is definitely higher for a fridge.
I wonder if someone could succeed by building a “buy it for life” fridge that is essentially bulletproof, and use some of Elon’s marketing stunts from the Cybertruck launch to sell it.
Yeah no question. I know some people that work in the auto components industry and it is wild how much goes into making an automobile.
My guess on Elon is that he has no desire to make a "buy it for life" anything. Not under fiat I mean. Especially not as a publicly traded company. The fiat system pushes for short term financial gains. That is the other aspect that affects everything. Its more indirect but all of our time preferences are affected by the money used by society. Bad money. Bad incentives.
That's my thought at least for what its worth.
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10 sats \ 1 reply \ @kr 23 Jan
yeah that’s fair, and i think you’re generally right that fiat tilts the world towards short-term goals over long-term ones… i wonder how many more bitcoiners need to exist before people start building products with extremely long time horizons.
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My guess is a couple generations until we see a true trend reversal.
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