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Consumerism: Is it Really That Bad? | Ashutosh Bhown | TEDxPaloAltoHighSchool


[Applause]
so first without to say I’ll have to
admit it wasn’t very easy to get into
this morning there was great reducing
the forecast this entire week I have no
idea it’s gonna start today and tractors
always suggested and of course that’s
called an important citizens march so
thankfully this film is $75 jacket put
in directions and check check the
weather on my $50 though it wasn’t gonna
rain on my $265 Steve we’re here now I
know what you’re thinking
75 265 550 who in the name of Warren
Buffett kissed his kid and why does he
wasted so much money why doesn’t use his
cabinets or perhaps an investment to get
more or to save for maybe a house a car
coverage funds there’s something that
he’s going to need in his life
well besides are we actually doing some
of that there’s a little work to be
dragged an extremely big thing that I’d
take interested in called consumers so
firstly what in the world is it well
according to merriam-webster consumers
Elizabeth theory a theory that states
that an increase in consumption of
commercial products economically decided
and that is shoes
at least and I can agree with the
society controls
so where did my consumers origins begin
well to be brutally honest
I have no idea consumerism is something
that appealed to me probably when I was
still a young kid oblivious to the
truths the modern rules that they really
care about what I did but to be frank my
consumers gonna book awakening if you
will began when I saw an advertisement
maybe two or three years ago for
organization called touch a father now I
see this advertisement many times to
disappoint I was frankly getting rather
enjoyed a bit but this happened why am i
seen this before and then I took into
consideration what search engines like
we will do based on with your interests
in what you search that your happens on
the internet they actually know the
profile of you Anthony’s suggesting that
would be appealing to your own juice so
okay now that’s invested into
consideration I thought okay what do I
have to lose so I said that might you
know and then the next day and I
realized exactly what they would do
these people took consumers products all
across the world and they sold them on
one website with in discounted prices
and I thought this is incredible I don’t
know people do this and to this day I
still wake up every morning and look at
the sales for me interesting for
consumers like myself
and it was when I was using this website
I discovered something money is always
going to be spent it doesn’t matter if
you spend it now suddenly
that’s to get more rare disappear the
way to those in need that money is still
going to be spent on something now it’s
self-evident that what matters what is
worth money thing what is it depends on
what that something is now regardless of
the facts there are many people who
argue to me or you then to be blade
consumers it’s better that the keep
successive to happiness is to abolish
all material objects and instead focus
their mind body and soul at yourself and
others and this is mostly impossible I’m
not I am as soon as a mother
defenestrated shatter this concept
rather I really enjoyed the points on
the other side on my consumerism isn’t a
complete unit of light in our modern
society in many cases can actually help
you even if you don’t know so firstly
many people tell me that every consumers
in existence we start to catch all the
things that they’ll never need in life
now does this mean there’s no such thing
as worthy investments I don’t think so
so let’s say in the future you work for
a notorious or not as it were
let’s just say work for an organization
that sells products and services to the
general public and let’s say after the
newest product or project is complete
they’re getting a massive benefit that
affects you let’s say over the next
several months your salary is you maybe
an extra $50,000 suspended and you’ve
been looking to buy the car so which of
these two vehicles would you buy would
you buy this week and technologically
best Tesla Model 3 or do I sweet and
technologically based or Mustang which
and so brace yourselves to the world as
the future of the automotive industry
which by country it’s slamming foot down
on the QR $25,000 as you go over the
speed limit because you’re a runner that
aside it’s clear that one of these
peoples
and I don’t see that as a piece I see
that as an effective transaction that
will benefit you and help make your life
easier after all there is a reason that
people are going to be dope for hours
and days sometimes even weeks other than
inside of APIs or something that was
cutting-edge biomass compared to the new
BlackBerry frankly thought never existed
so continuing on it’s not just the
companies and the product that make us
better our entire lives would be
completely different if consumers who
never existed
if nobody bought the products or
services that companies made there in
terms of revenue they would go and over
and effectively of a stock market they
would be completely worthless and that
would change part of life as we knew for
example if no one ever bought that new
TV etc what happened to the Apple store
in downtown how about the Microsoft
Store in Stanford Shopping Center
bansuri how DJ I won over was leading
photographers
so if the ways of the consumers willing
to come to an end I’m sure we can say
the same about the entire catalyst
economy that we live in today so you may
have noticed that most of the products
that I talked about they are related to
technology and that is because I’m a
technological zoos and there are many
many different kinds of consumers
demographics out there because there’s
so many different products that you can
purchase that are willing that you maybe
want to buy because they’re worth money
but this doesn’t mean you should spend
your money on diamonds they’re things
that many people buy that in many cases
are ok
okay well it’s okay you’re not near
microstate does this thing that I wanted
to buy for quite a while and that habit
here I’m not sure if you can see this
but this is I happen to I happen to made
of 95 percent pure tungsten and let me
see let me give you some stats but with
you it’s nearly impossible because of
the high lattice energy personally and
the one whose version weighs about a
thousand grams getting that this version
was actually rather dense for the scale
now beside those statistics octave this
has some dual purpose all so I don’t
deal with reason why I bought it is
because I’m so fascinated by how useless
with this now
unfortunately this is all the general
public because I do so complete
strangers to close friends of mine
they’re people things that I just waste
my money on things that I won’t need in
life
know what I’m trying to get across here
is the quote famous investor and their
Titleist
I don’t keep in Clemson q4 cheerless
versus I keep it as a reminder a
reminder that what consumers to expect
the products from the opposite of what
the time since you is consumers to buy
things that work both of them that
functions over them to make their lives
better
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