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"The problem is that companies don't exist in a vacuum, and soon as one adopts these marketing techniques, everybody has to adopt to "stay competitive", even though they end up wasting money and bullshitting the customer. It's a prisoner's dilemma."

I like this way of putting it. It really is a classic prisoner's dilemma.

That doesn't help anyone to make money without wasteful and irrational practices but at least it explains exactly what is going on.

It's not a new issue, unfortunately. Plato wrote about it [0].

[0] http://classics.mit.edu/Plato/gorgias.html (or at Project Gutenberg: http://www.gutenberg.org/ebooks/1672 )



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