Technological Inequality

When tech companies reach economies of scale,they impose minimum price floors.what this means is that old products will never be priced below that price,no matter how cheap they have become to produce, and new products with new innovations,will come to the market,and become redundent without ever trickling down, to the lowest consumer.No matter how many new ipad models are released, a large amount of people will never be able to afford then,this is technological inequality and its imposed by tech companies.
think about this next time you buy your hipster tech brands.


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