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.
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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.

  • DigitalWebSlinger@lemmy.worldEnglish
    91·
    1 year ago

    I don’t know about “be successful”, depending on how you measure success. All of these examples have been subsidized by cheap money for years, undercutting competition - and taking year after year of losses while they do it - for the purpose of capturing the market and driving out competitors, so that they can subsequently enact monopolistic behaviors to start actually turning a profit once customers have no other choice.

    The problem is money suddenly got expensive, so now they’re scrambling to find a way, any way, to turn a profit, before full market capture was achieved.

    Can services like this be reasonably priced and user-friendly? Sure. Can they “succeed” / become sustainable while remaining so? Current examples indicate that’s where the problem lies.