It can seem like that, but the prisoner’s dilemma breaks down when you realize that in the real world, interactions like that where people can get screwed over or not rarely happen once, and screwing someone over has consequences outside of that interaction.
Like, if a shop screws over customers, sure, on paper it seems to make sense because they are making money in each interaction, but people will stop going to that shop, and tell other people to never go there, eventually closing the shop.
It can seem like that, but the prisoner’s dilemma breaks down when you realize that in the real world, interactions like that where people can get screwed over or not rarely happen once, and screwing someone over has consequences outside of that interaction.
Like, if a shop screws over customers, sure, on paper it seems to make sense because they are making money in each interaction, but people will stop going to that shop, and tell other people to never go there, eventually closing the shop.