You are viewing a single thread.
View all comments View context
-7 points

Yes, biggest car manufacturer, which also manufacturer of the most popular hybrid car in the world, doesn’t know what they are doing when they are making cars. Right. I’ll take your word for it.

permalink
report
parent
reply
3 points
*

You want me to ignore my own experience and all of the bad business decisions we’ve observed companies make throughout history because you want to be oppositional and edgy.

Also doesn’t help that you don’t know what a fallacy is. I recommend you have a look at Wikipedia.

permalink
report
parent
reply
3 points

Nokia was way more dominant in the phone market than Toyota in the automotive industry. Yet, when it was time to jump on the new technology that everyone else was jumping on (android), they fell into the sunk cost fallacy and stood by their own, outdated tech (symbian). That promptly got them bankrupt. Toyota may still change its course, but if they wait too long, they are going to end up just like Nokia did.

permalink
report
parent
reply
1 point

That’s a far better comparison than other offered. Nokia failed not because Symbian was outdated, but because they tried to have too firm of a grip on it and it didn’t evolve fast enough. But yeah, I can see that happening if Toyota decides not to share their tech with others and hydrogen doesn’t end up being wide spread as a result of it. Not sure if they’ll go bankrupt but still. Honda once almost did when they went all in on Wankel engines.

permalink
report
parent
reply
3 points

Yes, big companies fall into sunk cost fallacies all the time. Glad you’re keeping up.

permalink
report
parent
reply

News

!news@lemmy.world

Create post

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.

Posts must be news from the most recent 30 days.


6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

Community stats

  • 14K

    Monthly active users

  • 20K

    Posts

  • 521K

    Comments