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::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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[–] golamas1999@lemmy.world 15 points 1 year ago (2 children)

The business practices of Uber and Netflix are also unethical but in a different way. Uber pays basically nothing. Netflix as well as streaming pays very little to actors/writers/film crew.

[–] ThickQuiveringTip@lemmy.world 5 points 1 year ago

Oh, for sure! Corporate greed exceeds new levels year on year! To think they raise interest rates to curb inflation, but then banks and most other companies are posting record profits without any social return is disgusting.

The term for this is Platform Capitalism