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.
www.businessinsider.com
Some tech is getting pricier and looking a lot like the older services it was supposed to beat. Namely video streaming, 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.

  • jhulten@infosec.pubEnglish
    30·
    1 year ago

    You say “broken promises” I say “the plan all along” and “bait and switch”.

    • cerevant@lemm.eeEnglish
      15·
      1 year ago

      Yep. The business model has always been “Lure them in and stifle competition with a low initial cost. Then when we have the market we can jack up the price.” Enshitification at its best.

          • _wintermute@lemmy.worldEnglish
            1·
            1 year ago

            A healthy dose of western/capitalist propaganda since birth and until death helps a lot. So many people under the illusion that this is the natural progression of civilization, or the best.

    • Liz@midwest.socialEnglish
      1·
      1 year ago

      A lot of these things were proudly unprofitable, which is basically their way of getting around anti-trust violations. If they had a revenue stream to make the business profitable (outside of investors handing them more cash) then they’d be hit with anti-trust lawsuits for offering services at a loss in order to drive the competition out of business. But instead they just convince investors to hang on long enough to achieve the same goal, then raise their prices when they’ve got too much power to fail.