Technology

55746 readers

5884 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 1 year ago

MODERATORS

1822

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 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

283 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

[–] dustyData@lemmy.world 22 points 10 months ago (2 children)

Remember that all that “disrupting the market” ever meant was undercutting competitors. Everything else was window dressing.

[–] Neve8028@lemm.ee 15 points 10 months ago

Not just undercutting competition but also by subverting regulations and organizations like unions.

[–] Ullallulloo@civilloquy.com -5 points 10 months ago (1 children)

Undercutting competitors is how you foster a pro-consumer market. That's one of the core tenets of capitalism. On its own, that's a good thing. The problem is when companies think customers are so attached to them that they don't worry about being undercut themselves.

[–] anarchy79@lemmy.world 8 points 10 months ago

No, the single tenet of capitalism is "make profit". Capitalism doesn't care how you do it- lying, stealing, manipulating, indoctrinating, forcing, polluting, killing, it's all good.

For any corporation in the long run, a small edge translates into exponentially more capital, and since capital runs society, you can simply buy up the competition, or force them out of business.

Monopolies are not an issue for capitalism, they are an issue with capitalism.