Saturday, April 09, 2016

Economy

Netflix to raise prices, heralding the end of its golden age. Rising prices will spawn competition, eventually cutting into profits. This is a bad decision.

I doubt China plans to replace workers with robots. They have 1.3 billion people, and that's a lot of supply to keep labor costs down. Plus, if you put 1.3 billion people out of work, they might burn your cities to the ground. I bet these robots are for export.

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