Enhanced Product Simulation

Capitalism Lab’s new dynamic feature unveils an exciting evolution in product categories: the introduction of newer products progressively supersedes older ones.

1) Consider this example: traditional mobile phones will gradually be superseded by camera phones. Moreover, the transition becomes much more fascinating with the introduction of smartphones. The majority of camera phone demand will eventually transition to smartphone demand, indicating a shift in consumer tastes in favor of more modern technologies.

Mobile Phone	Camera Phone	Smartphone

2) As digital technology refashions the landscape of photography, the shift from analog cameras to digital cameras is inevitable.

Camera (analog camera)	Digital Camera

3) The introduction of electric cars is set to have a profound impact on the private car market in Capitalism Lab. While the transition will be gradual, electric cars are projected to eventually capture up to 50% of the market share. This slow but significant shift presents both opportunities and challenges for players.

This new feature vividly illustrates this real-world dynamic, enhancing your immersive experience of market evolutions!

Car (gasoline cars)	Electric Car

Understanding Demand Shifts in Manufacturer Guide

The manufacturer guide now offers a clear view of how demand is shifting to new products. For example, it shows that up to 50% of the demand for gasoline cars will shift to electric cars.

Furthermore, to clearly indicate products nearing the end of their lifecycle, the info window will display the word “Obsolete” when the demand shift exceeds 90%.