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 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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[–] severien@lemmy.world 1 points 1 year ago (1 children)

But Uber and the like should have been honest about what the pricing structure would have been from the get go.

Pricing structure will be adjusted based on the market conditions. Applies to any company at any time.

[–] ThickQuiveringTip@lemmy.world 4 points 1 year ago (1 children)

Not the same situation. They purposely went low to price out the competition for years, accepting losses until the competition hopefully didn't exist or had everyone semi dependent on them. This is not a supply/demand situation or increase with inflation. This is creating market dependency until you can increase your cost to what you want it to be by obliterating competition.

[–] severien@lemmy.world 0 points 1 year ago

That's just normal price dumping.