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

https://lemmy.world/post/3571432

Yea, it’s “tech’s fault.” Not the self-imploding economic system known as capitalism. It’s definitely not the fault of giant tech corporations that have a hand in the government. It’s the streaming, Uber, and the cloud that’s bad.
VC investing is effectively predatory pricing, squeezing out original non-tech service providers by providing services below cost, then replacing them with monopoly tech versions. The funding is intimately tied to the industry and they all use the same strategy.