"All the smart guys are spending money on it, it must be valuable!"
You could use this logic to invest in real estate in 2007. Or you would've been eager to invest in WeWork had their IPO not been fucked. You would also believe self-driving cars are a good idea, but I'd bet my life savings against it knowing what I know.
Don't assume you're playing the same game as them when you can't actually provide any data that what they do works. Where is the actual "X dollars of surveillance turns into Y dollars return" data points? You're just providing speculation no better than the person you're arguing with, and honestly your argument is less compelling.
How much is the potential of loss prevention anyways? I've seen tangible effects in store where certain products are behind glass shelves and you must get permission to purchase one and then it goes in this funky plastic box you take with you to checkout, sometimes right around the corner by the glass cage. I'm assuming theft is growing to have responses like that enacted which are incredibly inconveniencing especially when there's no affiliate nearby.
Knowing I'll burn up a bunch of time waiting for one of those lockdowns to be opened I usually order online and pickup in store those items I know are locked up.
It’s probably more helpful to think about it at the margin: starting from some current point equilibrium for some spend $X what is the incremental lift $Y? Because that lens probably more accurately reflects a real purchase decision.
"All the smart guys are spending money on it, it must be valuable!"
You could use this logic to invest in real estate in 2007. Or you would've been eager to invest in WeWork had their IPO not been fucked. You would also believe self-driving cars are a good idea, but I'd bet my life savings against it knowing what I know.
Don't assume you're playing the same game as them when you can't actually provide any data that what they do works. Where is the actual "X dollars of surveillance turns into Y dollars return" data points? You're just providing speculation no better than the person you're arguing with, and honestly your argument is less compelling.