There's value in 'backwards compatibility' from a process/skills perspective. I agree that companies usually pay too high a premium on that, but there is value.
If the margins are high enough, then it's optimal to overproduce and then sell to everyone who will buy at a certain price point. If discounts will reduce your ability to sell the same brand in the future at that price point, it can be financially optimal to destroy it instead.
And what about competing clothes sellers willing to sell at lower margins and hence lower prices to customers?
The reason this works with clothing for some brands is that some utility of the clothing is in the signaling it provides to the humans wearing it, and the signaling comes from the scarcity of that type of clothing.
A clothes seller selling clothing that signals the wearer is able to afford a more scarce type of clothing is thus ruining their own products’ value proposition by decreasing the scarcity of the clothes.
That is why it might be better to destroy than see it on sale at TJ Maxx or Walmart or whatever cheap store.
Bottom line is clothes sellers are catering to what clothes buyers want. They are not stupid about how to operate their business.
And o11c’s comment about glass makers breaking windows is irrelevant since the glass maker does not own the window they are breaking, whereas a clothes seller owns the clothes they might be destroying.
Once again it turns out that good management is important. Give people direction and the tools they need to do their work well and you get a lot more productivity!
Business epistemology is not about knowing Truth, it is about knowing currently useful information and practices, and it is expensive to validate or generate this knowledge.
Hence we get the same thing over and over again until someone convinces people there is a better way, or simply does something different and makes more money.
Power Automate is great, but PowerApps is just a mess where every click in the dev interface takes like 5 seconds. On paper it looks so good, but in practice it is so painful to get that on paper performance and functionality.
For unrelated reasons i've had to hop back in to tweak an app we made a few years ago that's been buzzing along in production ever since. Last time I touched it was more than a year ago.
The actual editor interface is horribly unresponsive, but it seems to fix itself if i close and reopen the browser (firefox). Still it gets worse with time and it used to be no where near this bad.
As bonus points, functionality that is working in production no longer works in the editor! I found that I had to add yet another clause to all my functions because for some reason it no longer pulls all data from a sql table unless you use show columns to specify you do in fact want all of them.
Yeah given the prevalence of bots in its final years, I can see how eventually the effort:reward ratio dropped, especially with legal issues on top of that.
Federal prisoners must serve a minimum of 85% of their sentence in jail. If he gets 45 years, barring a change in the law, he'll serve at least 38.25 years.
