1.) customers who don't know about the practice, now expect food right away for very cheap price, which bankrupts traditional restaurants that cook from fresh ingredients. An analogy could be off the shelf software or custom software losing sales to vibe coded software
2.) customers who do know about the practice, stops ordering food altogether, due to food issues (prepared ingredients are very low quality, oil could be very dirty) or they could cook prepared food at home in their own microwave for even cheaper. An analogy is programmers coding their own software using vibe coding.
3.) declining quality of food, and less and less people eating out in China. It's gotten so bad that now hotel restaurants, which would be the fine dining options, are setting up food stalls in the street to sell cheap but freshly cooked food, in order to get people into the hotel restaurants. An analogy might be softwares with per seat pricing changing to action based pricing for an initial period.
1.) customers who don't know about the practice, now expect food right away for very cheap price, which bankrupts traditional restaurants that cook from fresh ingredients. An analogy could be off the shelf software or custom software losing sales to vibe coded software
2.) customers who do know about the practice, stops ordering food altogether, due to food issues (prepared ingredients are very low quality, oil could be very dirty) or they could cook prepared food at home in their own microwave for even cheaper. An analogy is programmers coding their own software using vibe coding.
3.) declining quality of food, and less and less people eating out in China. It's gotten so bad that now hotel restaurants, which would be the fine dining options, are setting up food stalls in the street to sell cheap but freshly cooked food, in order to get people into the hotel restaurants. An analogy might be softwares with per seat pricing changing to action based pricing for an initial period.