Some tech is getting pricier and looking a lot like the older services it was supposed to beat. From video streaming to ride-hailing and cloud computing.
Tech’s broken promises: Streaming is now just as expensive and confusing as cable. Ubers cost as much as taxis. And the cloud is no longer cheap::Some tech is getting pricier and looking a lot like the older services it was supposed to beat. From video streaming to ride-hailing and cloud computing.
Don’t blame tech, blame the bait-and-switch business model of loss leading products.
Uber never made money because they chose to undercut prices of all competitors and bleed them out.
I’d argue that newer streaming companies (those founded by studios, such as Disney +) did the same thing by roping in customers before jacking up prices.
It may be the “fault” of capitalism, but consider it was capitalism that birthed streaming in the first place. In the long term, the expectation would be a better solution will surface in reference to streaming… the same way streaming was a solution to cable. Thus is the business cycle.
Also worth noting in the case of uber, even if price is equal with taxis, the experience is much better. Nicer cars, better drivers and much easier app use. Even at price parity, its a very superior product in most cases.
You’re confusing economic systems with systems of government.
I’m interested to hear how you explain the drive to create streaming as an option to cable without including tenets of a market driven economy.
Reddit/Lemmy/Etc really has a hard-on to blame all bad things on capitalism. Capitalism is amoral. It is cold and uncaring. But not recognizing it as a driving factor for growth, innovation and societal advancement is a path of willful ignorance.
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This is a most excellent place for technology news and articles.
Don’t blame tech, blame the bait-and-switch business model of loss leading products.
Uber never made money because they chose to undercut prices of all competitors and bleed them out.
I’d argue that newer streaming companies (those founded by studios, such as Disney +) did the same thing by roping in customers before jacking up prices.
It may be the “fault” of capitalism, but consider it was capitalism that birthed streaming in the first place. In the long term, the expectation would be a better solution will surface in reference to streaming… the same way streaming was a solution to cable. Thus is the business cycle.
Also worth noting in the case of uber, even if price is equal with taxis, the experience is much better. Nicer cars, better drivers and much easier app use. Even at price parity, its a very superior product in most cases.
removed by mod
You’re confusing economic systems with systems of government.
I’m interested to hear how you explain the drive to create streaming as an option to cable without including tenets of a market driven economy.
Reddit/Lemmy/Etc really has a hard-on to blame all bad things on capitalism. Capitalism is amoral. It is cold and uncaring. But not recognizing it as a driving factor for growth, innovation and societal advancement is a path of willful ignorance.
Everything has pros and cons in life.
I always thought [dumping](https://en.m.wikipedia.org/wiki/Dumping_(pricing_policy\)) was illegal.