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jcurie OP t1_j5gbcxx wrote

Reply to comment by KamikazeArchon in Are we doomed through AI or will it generate new opportunities (an optimists viewpoint) by jcurie

But if people can vote with their feet (and pocketbook) they can choose who to do business with and under what conditions.

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KamikazeArchon t1_j5gde4g wrote

>But if people can vote with their feet (and pocketbook)

They can't. This is one of the great myths of private enterprise. Modern markets generally don't actually give you that option for the vast majority of people.

If you're wealthy you can afford to go to niche specialist providers.

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chell0veck t1_j5geq85 wrote

Monopolies remove that option.

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jcurie OP t1_j5gg5lr wrote

The world is not controlled by monopolies. Are you thinking this is likely to happen? Maybe in China and Iran but not in competitive industry.

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