89 karma · joined December 25, 2022
All these things are true except Amazon is mostly a cloud company and Apple makes the computers most people use for non work.
Eventually they will all be valued as such, but for a while mass delusion will continue to make them more expensive. You are probably too young to remember when Cisco was basic the internet company and valued as such.
Very rarely is there a mid tier product unless it’s a Chinese brand that’s trying to establish
Then it got popular and everyone knew it was the ticket to upper class and the job slowly got shitty. A lot of extra hurdles and costs got added, kind of like lawyers.
Now it’s a shitty business, pay is still high but the debt burden is extreme, the health care system is broken so hours and quality of work conditions isn’t great.
If you compare it to a career in FAANG you will be 1-2million ahead before a doctor sees his first patient. Not a good deal or the best ticket to the upper class