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richardhutnik said:
mrstickball said:

Take the most unreguated industry in the world - PCs, and compare them with a heavily-regulated, capital-intensive industry such as energy production or cars.

"If the automobile had followed the same development cycle as the computer, a Rolls-Royce would today cost $100, get a million miles per gallon, and explode once a year, killing everyone inside."  

- Robert X. Cringely

 


I'm sorry, what PCs only last a year? I have never seen or heard of anybody have their PC stop working after a year (unless they dropped it/power surge/water damage). Hell, Microsoft has enough trouble getting people to upgrade their PCs every 3-4 years, most businesses who bought their PCs mid way through the XP cycle, have only recently upgraded to 7. My nan had a PC, up until a year ago, that ran something like Windows 98. In short, PCs are usually very durable.

What's more, if this fallacy of computers exploding all over the place did exist, it would only be because consumers deemed that losing their data once a year as low-importance in comparison to the price savings they get. People will be less willing to substitute risking their life in a car crash once a year, versus the price savings they would get.