When I take out a loan from the bank, the bank lends me money, and when I repay the loan, I owe that money back to the bank, plus interest, on the repayment date. However, when I sell my used car, a debt arises in which the buyer must pay me cash equivalent to the price of the used car, and I incur a performance debt in which I have to hand over the used car to the buyer. When these two different debts are exchanged, a transaction is completed. The goal of business is to make debt well and pay it back well over and over again. A transaction must create debt without exception, but a transaction that generates debt on only one side is an absolutely unfavorable contract for someone. That’s the essence of a loan agreement. There are good debts and bad debts depending on the type of debt I have to pay (or fulfill). If you do not make this distinction clearly, you are more likely to fall behind in the social system. - Joseph’s “just my thoughts”
Design ethics is an essential field of study. You may wonder if ethics play a role in design, but they are crucial, particularly in terms of addiction. Slot machines, for example, are four times more addictive than other gambling games. This heightened addiction is mainly due to the variable rewards these games provide. Some designers view this addiction as a means to increase profits. A classic example is a screen with an infinite scroll function, which can lead to excessive time consumption. This occurs because the game’s rewards are unpredictable, and some designers tie this addiction directly to revenue generation. Therefore, ethical considerations are vital across all domains. - Joseph’s “just my thoughts”