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we have lost so much knowledge over the (checks notes) last fifty years (slrpnk.net)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 28 points 11 months ago* (last edited 11 months ago) (1 children)

FWIW I think this is technically survivorship bias, not confirmation bias (but maybe the latter is a form of the former?)

I do agree, there is probably a lot of shit from the 70s that stopped working early on. On the other hand, I do feel like planned obsolescence is a thing. Look at Instant Pot. They're going bankrupt because everyone already owns an Instant Pot and they all still work.

https://www.theatlantic.com/technology/archive/2023/06/instant-pot-bankrupt-private-equity/674414/

[–] [email protected] 14 points 11 months ago (1 children)

The problem in my eyes the failure is in the private equity firm that bought them trying to draw blood from a stone, not the Instant Pot.

[–] Peppycito 2 points 11 months ago

Yes, they came out with a 1000 SKU's and over extended themselves to flood the market with the instapot brand. I saw an instapot coffee maker.