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Large shares of consumers use social media out of a fear of missing out

bfi.uchicago.edu

11–20 of 169 posts

Re: Large shares of consumers use social media out of a fear of missing out

#11
post #4

>Among iPhone owners, a striking 91% of respondents indicate that they would prefer Apple to release the iPhone every other year rather than every year. Among respondents not owning the iPhone, this fraction is even larger, at 94%. I wonder why the 94% care so much about a phone that they do not even intend to own. I can't help but think that this study simply shows that more people should mind their own damn busines…

I mostly just dont see why it’s relevant. What decision is this supposed to inform? Whether or not Apple releases a new phone? Clearly Apple will do what they see fit, which is releasing more often, and if they are wrong Apple will pay the price. And they clearly have not been wrong.

Re: Large shares of consumers use social media out of a fear of missing out

#12
post #3

Lots of people would be willing to do lots of things for lots of money until you actually give them the opportunity to do so. It's easy to spend hypothetical money.

I'd spend lots of real money to get rid of social media once and for all. Like thousands. It would do alot of good for society.

Re: Large shares of consumers use social media out of a fear of missing out

#13
post #4

>Among iPhone owners, a striking 91% of respondents indicate that they would prefer Apple to release the iPhone every other year rather than every year. Among respondents not owning the iPhone, this fraction is even larger, at 94%. I wonder why the 94% care so much about a phone that they do not even intend to own. I can't help but think that this study simply shows that more people should mind their own damn busines…

Many are conscious about not having the newest stuff and would prefer the pressure not exist.

That's their own damn fault

Re: Large shares of consumers use social media out of a fear of missing out

#14
post #4

>Among iPhone owners, a striking 91% of respondents indicate that they would prefer Apple to release the iPhone every other year rather than every year. Among respondents not owning the iPhone, this fraction is even larger, at 94%. I wonder why the 94% care so much about a phone that they do not even intend to own. I can't help but think that this study simply shows that more people should mind their own damn busines…

If I felt that an investment had a 2-3 year life before being semi-formally deprecated, I would feel more like buying it. The thing is, that I can't think of consumer objects I routinely buy where the pressure to show I have the "newest" one is so strong. Nobody cares if my kindle is old.

Amongst my colleagues, like me it's a badge of honour to run an old phone. The last nokia standout only ditched it when they turned off 2G. He went with a minimalist phone which could do google maps acknowledging GPS was useful. He does nothing else. On the whole, chosing to run a phone with high MaH battery life and at least some commitment to update is a good choice. Apple actually can conform to this, because the older models are 7 years in, with software support.

Re: Large shares of consumers use social media out of a fear of missing out

#18

How much would you pay to have your peers deactivate their HN accounts?

I can't think of a reason to do this. Is this a revenge fantasy? So what if others disagree with me or I with them? Isn't that part of a fruitful discourse?

Re: Large shares of consumers use social media out of a fear of missing out

#19
post #3

Lots of people would be willing to do lots of things for lots of money until you actually give them the opportunity to do so. It's easy to spend hypothetical money.

I have literally asked people "would you pay $5 for this?" they say yes, then I tell them to buy it and they say no.

When this kept happening I realised the only thing that matters in sales is... actually making sales. Everything else is window dressing.

Re: Large shares of consumers use social media out of a fear of missing out

#20
post #13

Earlier quoted context omitted.

Many are conscious about not having the newest stuff and would prefer the pressure not exist.

That's their own damn fault

Perhaps consider that for you to be relatively rich, someone, could be anyone, has to be relatively poor.
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