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 [email protected] to c/[email protected]
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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] 20 points 1 year ago* (last edited 1 year ago) (1 children)

Even well-regulated capitalism strives for this and somehow manages to achieve it. It is the nature of capitalism.

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

It is in the nature of power. Reducing this to a particular economic system is nearsighted.

Every social system with a power dynamic (i.e. a system with two or more people in it) is vulnerable to power abuse. Power blinds, blindness strips powerful of perspective, decisions made without good information drunk-walk towards ruin.

The only common thing is the fact that it’s the average Jane who suffers first and whose rage ends up counteracting the ruin.

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

It is in the nature of power. Reducing this to a particular economic system is nearsighted.

I will agree that it is the nature of power. But I will argue that few other economic systems actively facilitate (and actually reward) the concentration of power the way capitalism does. I'll also point out you are basically resorting to a "whataboutism" argument.

[–] [email protected] 2 points 1 year ago

I’ll also point out you are basically resorting to a “whataboutism” argument.

That explains… a lot. I apologize for wasting your time.