EmbeddingGemma 2: an open, lightweight multimodal embedding model
deepmind.google·6d ago
AI Engineering
Hacker News·Aug 21·5 min read
When the Shortage Is the Strategy
TL;DR
Corporate strategies have shifted to intentionally constraining supply and raising prices, leading to unprecedented inflation and record profit margins. This practice, known as Asymmetric Price Transmission, has significantly impacted American consumers, with many struggling to manage debt.
✦ Why It Matters
Consider advocating for fair pricing practices in your community to support those affected by inflation.
Key Takeaways
- Recognize the impact of supply constraints on pricing.
- Delay purchases to resist inflated prices.
- Research product costs to identify fair pricing.
- Avoid luxury brands and seek reasonable alternatives.
How It Works
Companies limit supply to create artificial scarcity, allowing them to raise prices significantly without justification. This strategy has been effective across various industries, leading to record profits while consumer purchasing power declines.