Speaks to an emerging Big Tech protection racket.
These hypertrophied tech companies are squeezing people into subscription models for the so-called sake of efficiency and/or value. Nope! It’s because they’ve become bloated monopolies!
Here’s the time line:
1)First, platforms are good to their customers.
2)Then they abuse their users to make things better for their business customers.
3)Next, they abuse those business customers to claw back all the value for themselves.
4) Finally, they have become a giant pile of sh*t!
Selling our intimate secrets as “personal data”; filling our searches with advertisements;
tweaking the algorithms that make either mad, sad, or both.
In sum, tech companies build walled gardens, lock you in, and throw away the key, let the plants die,
and then charge rent to live among the rotten remains.
They also dictate how you can use their products; even after you buy them!
HP’s ink cartridges contain chips designed to ensure that your printer uses
only authentic HP ink @ $10,000 a gallon!
Having become both monopolies and monopsonies , tech companies become rapacious rentiers!
Example: there are now a tsunami of cars that won’t start…
if you miss a payment.
[They insist you download their ap, instead of using a website.]
Subscriptions are flooding all kinds of markets.
[Corbett, of The Corbett Report, just ran into it over seas.
He couldn’t buy breakfast without a QR subscription code.
He wanted to pay in local cash.
Not even a credit card would do.
It’s in his lates blog.]