If people are not able to purchase cars or any other technology because economic issues then why set a high price? Initially, economic advantages tend to make people reject new technology. The new technology created is assumed to make people happy and make …show more content…
Formerly, compatibility with a vested interest leads to rejecting new technologies. People contribute to creating new things or ideas that they know people will accept. For instance, if Apple stops creating new phones, tablets, laptops, and accessories they will not be satisfied with the outcome. Therefore, this demonstrates that people only tend to use devices that are at the top rank. If a person makes a purchase and the item he or she bought is not successful, then Apple or Samsung will begin to lose customers. Indeed, interestingly, the producer invest in the new merchandise he knows are going to sale. For example, the iPhone X was released in November, but people purchased it because it is a new phone and has better qualities. If iPhones had failed and not meet the criteria that people had then many people would not spend their money on something they own already. Diamond asserts that sometimes people are not able to change the way they work because people can either lose their investment or just don't want to make a