this post was submitted on 21 Aug 2023
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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)
submitted 1 year ago by L4s to c/technology
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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.

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[–] [email protected] 573 points 1 year ago (27 children)

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

[–] [email protected] 265 points 1 year ago (22 children)

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.

[–] arensb 1 points 1 year ago

Also known as the Wal-Mart business model.

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