The trade-offs for cheap TVs is that customers are themselves becoming the product for TV makers, which reflects the grandest Silicon Valley innovation of the last ten years: the digital ad business that catapulted Google and Facebook to their present-day stratospheric market valuations. It is, generally speaking, less labor-intensive and more exploitative of both workers and consumers. For something to be as cheap as a great TV, people have to give something up — whether they know it or not.
Transcript bug: dashes incorrect:
people have to give something up — whether they know it or not.