FOF: ⚡ The Economics of Convenience: Why You're Paying More to Do More Yourself
Welcome to the 9Innings Podcast where we Educate, Empower and Engage.
ON THIS WEEKS PODCAST: In this episode of "Facts of Our Feelings" Kevin explores the economics of convenience in modern consumer culture. He explains how technology has shifted labor costs from businesses to consumers, with examples like self-checkout, food delivery apps, and online banking.
While companies reduce expenses and boost profits, consumers pay premium prices while performing tasks previously handled by employees.
Kevin also highlights the hidden cost of lost human interaction, noting that efficiency-driven…
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