You say "broken promises" I say "the plan all along" and "bait and switch".
this post was submitted on 21 Aug 2023
4 points (100.0% liked)
Technology
68723 readers
3309 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- 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, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
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.
This has nothing to do with tech and EVERYTHING to do with FUCKING CAPITALISM.
What a dumb fucking post, tech didn’t promise us shit were still living in a capitalist nightmare where quarterly earnings are far and above the primary value, over any and all people.
What the fuck is this waaaa tech didn’t usher in an age of utopia!!! It’s almost like we have to solve other problems first. Fucks sake
Don’t blame tech, blame the bait-and-switch business model of loss leading products.
Uber never made money because they chose to undercut prices of all competitors and bleed them out.
I’d argue that newer streaming companies (those founded by studios, such as Disney +) did the same thing by roping in customers before jacking up prices.
It may be the “fault” of capitalism, but consider it was capitalism that birthed streaming in the first place. In the long term, the expectation would be a better solution will surface in reference to streaming.. the same way streaming was a solution to cable. Thus is the business cycle.
Is this surprising? The prices were always going to adjust to the market. Any new cheap thing that undercuts the market will eventually become the market as it becomes mainstream, and prices will be increased to what the market will bear to maximize profits.
Hello L4S!
Test reply