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.
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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.

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.

  • StaccatoEnglish
    11·
    2 years 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.comEnglish
      93·
      2 years 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.

      • StaccatoEnglish
        2·
        2 years ago

        So your issue is that I didn’t use the word “private” in my write-up?

        • lolcatnip@reddthat.comEnglish
          12·
          2 years ago

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