this post was submitted on 22 Sep 2023
897 points (97.8% liked)
Technology
58303 readers
10 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This happens when you have to grow endlessly and hit a ceiling (in this case, number of users). Then you have to squeeze those users further so the numbers go up again. Of course you are killing the product in the long run because more and more users cancel but that's not a big deal to the people making the decisions. (Well, the people doing actual work might object but nobody cares about them.) The shareholders that got obscenely rich will just leech onto the next big thing and the CEOs sail to their next product to ruin with a huge golden parachute. Rinse and repeat. Meanwhile, civilisation crumbles and decays, before it burns in the sadly inevitable climate catastrophe.
But Amazon crumbling isn't civilisation crumbling... In fact, it opens doors for more small business owners.
You are incorrect though. Netflix and Uber (or any ride sharing app) have shown once people are hooked they will pay the increased rate to consume the product.