• Steve Jobs faked full signal strength and swapped devices during the first iPhone demo due to fragile prototypes and bug-riddled software.
• Engineers got drunk during the presentation to calm their nerves.
• Despite the challenges, Jobs successfully completed the 90-minute demonstration without any noticeable issues.
Positive false hype can deceive people into wasting money.
And they shouldn’t. It’s just another way of saying “people acting rationally based on truthful information”
That should be a separate issue. It’s not the only available path, just one often taken because it’s the most forgiving of shoddy business practices, doesn’t justify its existence, either.
I think people are starting to realize the depth of corporate deception and bad-faith practices and how that affects everyone at large, and so they’re rightly tired of them and trying to reset it all back to simple, effective, and fair ethical standards.