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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] 7 points 1 year ago

Exclusive rights to content are the problem here. There is no competition if the consumer has no choice (except not watching at all).

There is a case here for legal separation between content production and distribution. Not just streaming services, it goes for any content, games, cinema, even patents.

Uber on the other hand - I have a problem with their employment rights, not paying people or calling them "contractors" instead of employees.

Otherwise it's a great positive example of free market in practice. Someone had an idea for a new business model, tried it, it appeared to work for a couple of years, and now they will fail because it doesn't have a long term perspective. It shook up existing monopolistic practices in the industry, and then tried to establish their own monopoly. And will fail because of that. It goes in circles.