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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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[–] Ghostbanjo1949@lemmy.mengsk.org 1 points 1 year ago (1 children)

I wonder how much of the inability to be profitable is driven by their licensing costs.

[–] Vetrom@lemmy.world 2 points 1 year ago

Having worked in the industry, less than you might think. Licensing cost generally sets a price floor. The single mindedness on maximizing revenue growth is driven by VC or stock market forces.

In the earlier days, licensing was used as a club to knock out a bunch of early competitors, but that quit being as useful once enough sets if companies with deep pockets came into the streaming industry.