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

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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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[-] AndreaHill@lemmy.world 140 points 10 months ago

This is just capitalism at work. Capitalism = enshitification, exploitation, and destruction.

[-] aux@feddit.nl 11 points 10 months ago

Capitalism without any regulation*

[-] hglman@lemmy.world -3 points 10 months ago

If its actually well regulated it wont be capitalism. Just like Europe has many kingdoms yet isnt full of actual monarchy.

[-] Staccato@lemmy.world 11 points 10 months ago

All capitalism is, at its core, is the system of owning and investing capital for greater returns later. You can have that while regulating things--at least in theory.

[-] lolcatnip@reddthat.com 6 points 10 months ago

An actual dictionary definition of capitalism:

an economic and political system in which a country's trade and industry are controlled by private owners for profit.

Any definition of capitalism that doesn't in some way mention private ownership of capital is simply wrong.

[-] Staccato@lemmy.world 2 points 10 months ago

So your issue is that I didn't use the word "private" in my write-up?

[-] lolcatnip@reddthat.com -1 points 10 months ago

Yes. If you leave out that part you're just describing human behavior in general.

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this post was submitted on 21 Aug 2023

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