Their audience is the capital class (the wealthiest 10% of Americans own 93% of ... | Hacker News

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		toomuchtodo 3 months ago \| parent \| context \| favorite \| on: Americans are holding onto devices longer than eve... Their audience is the capital class (the wealthiest 10% of Americans own 93% of stocks). Longer device ownership and service life is fiscally responsible but suboptimal for shareholders.

prngl 3 months ago [–]

Yes, I think you're right. Seems to reveal a fundamentally extractive, rather than value-generative, economic model.

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