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Cake day: February 26th, 2024

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  • Synopsis by Gemini -

    This video by Mrwhosetheboss argues that big tech companies are prioritizing profits over users. The video uses the term “in ification” to describe a three-stage pattern that many tech companies follow. In the first stage, the company offers a superior service at a lower price to gain users. Once they have a large user base, the company focuses on increasing profits from those users by employing tactics like tiering and subscriptions. Finally, the company may reduce the quality of the service while still charging more.

    The video uses Uber as an example. Initially, Uber was significantly cheaper and more convenient than taxis. Uber was able to attract a large user base by offering low prices and a better user experience. Once Uber had a dominant market share, they introduced surge pricing and began to take a larger cut of each fare.

    The video also criticizes the proliferation of subscription services. The video argues that many companies are offering subscription services for features that were previously free or included in a lower-priced subscription. The video says that this can be a bad deal for consumers, especially when they have to subscribe to multiple services to access all the content they want.

    Overall, the video argues that big tech companies are becoming less user-friendly and more focused on extracting money from their users. The video concludes with a call to action, urging viewers to be more critical of subscription services and to cancel them when they are not being used.