@constancies @nachtfunke
My problem is #SwitchingCosts. Not money but time and effort.

Long ago I used iTunes but had my local collection destroyed (twice!) by something they called iTunes Music Match. So --> Spotify.

When I started hobby coding I wanted a project in line with my interests, eg, music. The Spotify API was free and understandable by a noob. Apple makes you pay to even see the API. Tidal has no public free API. Deezer did but now it doesn't. (All last I checked; while ago)

1/?

Now that Twitter is a Junkyard, I Need a Way to Deal with the Twitter Posts Cited on this Blog

“Live, ongoing connections to people – not your old posts or your identifiers – impose the highest switching costs for any social media service,” argues Cory Doctorow in a recent post. Well, yeah, but hear me out. 

http://lvgaldieri.com/2024/12/17/now-that-twitter-is-a-junkyard-i-need-a-way-to-deal-with-the-twitter-posts-cited-on-this-blog/

#collapse #enshittification #financialization #hyperfinancialization #mutualAid #socialCollapse #socialMedia #switchingCosts #Wordpress

https://pluralistic.net/2024/11/02/

#bluesky #corydoctorow #enshittification #ulyssespact #federation #SwitchingCosts

"The CFPB economists used a very conservative methodology, so the number is likely higher, but let's stick with that figure for now. The switching costs of changing banks – determining which bank has the best deal for you, then transfering over your account histories, cards, payees, and automated bill payments – are costing everyday Americans more than half a billion dollars, every year.

Now, the CFPB wasn't gathering this data just to make you mad. They wanted to do something about all this money – to find a way to lower switching costs, and, in so doing, transfer all that money from bank shareholders and executives to the American public.

And that's just what they did. A newly finalized Personal Financial Data Rights rule will allow you to authorize third parties – other banks, comparison shopping sites, brokers, anyone who offers you a better deal, or help you find one – to request your account data from your bank. Your bank will be required to provide that data.

I loved this rule when they first proposed it:"

https://pluralistic.net/2024/11/01/bankshot/#personal-financial-data-rights

#SwitchingCosts #USA #Banking #Banks #FinancialData #Interoperability #OpenData