Technology

60047 readers

2853 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago

MODERATORS

[email protected]

2291

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 [email protected] to c/[email protected]

412 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 8 points 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.