this post was submitted on 11 Jul 2023
1263 points (98.8% liked)
Technology
58011 readers
2887 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
More supply & lower demand = cheaper goods, plus technology that creates it gets more wide spread so competition arises, and many other factors contribute to the fall in prices such as an improved model coming out making older models cheaper.
The increasing spread of cheap good technology isn't really about the new hotness coming out it's about last decade stuff finally becoming affordable.