this post was submitted on 04 Apr 2024
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[–] [email protected] 0 points 7 months ago (7 children)

For the first bit, sure, but it won't stay that way for long. The price of these vehicles is dropping, and the price of humans is going up.

[–] [email protected] 22 points 7 months ago (5 children)

Point is that companies won't pass the savings off to you ever. I'd be surprised if they stopped begging for tips after firing the people.

[–] [email protected] -1 points 7 months ago (4 children)

This is such a common misconception, if companies never passed savings on to us, we'd be paying absolutely astronomical prices and you couldn't afford to buy anything at all.

Shirts used to be hundreds/thousands of dollars or days/weeks of your own time, a lot of people had to weave their own fabric and make their own clothes because they never earned enough money to afford to buy one pre-made since all their work went into feeding themselves. Average people didn't own more than a handful of sets of clothes up until the industrial revolution. Almost all of the benefits of automation in fabric production has all been passed down to you.

You can now pick up a t-shirt from Walmart for $5, or a dress shirt for $50 both of which are far higher quality than what used to exist.

Profit margins for most consumer goods industries are not that high usually around 50% from creation to consumer (split between the manufacturer, wholesaler, and retailer) and some industries are much lower even than that.

[–] [email protected] 3 points 7 months ago (1 children)

Clearly, companies only pass the savings along when a competitive market forces them to.

[–] [email protected] 1 points 7 months ago

There are at least 3 different app based food delivery companies (uber eats, skip the dishes, door dash) in the city near me, on top of the fact that a lot of places have their own dedicated delivery people (Grocery stores, pizza, even liquor stores)

There's clearly a competitive market in this space.

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