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Foundation12a t1_iycansz wrote

Global society doesn't collapse without human extinction at this stage. Tech has come too far.

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aTalkingDonkey t1_iycloro wrote

No. Tech only exists while people are able to afford it.

As soon as it becomes unaffordable, it becomes rare. Imagine if the next 5-7 generations of phone are 7k each, it would only take 10 years for smart phones to become like yachts.

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Foundation12a t1_iycpmuk wrote

Except that will never happen due to mass proliferation of the technology, there are already billions of phones and a phone that costs a 1/10th of a flagship 5 years ago already outperforms it in all metrics.

Your given scenario is therefore impossible, any company that charges that much for a phone when there are literally thousands of alternatives will go bankrupt and it's customers will buy elsewhere.

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