‘Enshittification’ is coming for absolutely everything::The term describes the slow decay of online platforms such as Facebook. But what if we’ve entered the ‘enshittocene’?

  • apfelwoiSchoppen@lemmy.worldEnglish
    3·
    2 years ago

    In the case of Uber, it isn’t simply good because they ousted many the taxi cab companies along the way with those subsidized ride rates.

    • cm0002@lemmy.worldEnglish
      12·
      2 years ago

      because they ousted many the taxi cab companies along the way

      GOOD, FUCK TAXIS

      I will pay double the non-subsidized rates for an Uber before I ever even think about taking a taxi ever again. Until the threshold when it makes sense to just rent a car anyways.

    • OldWoodFrame@lemm.eeEnglish
      14·
      2 years ago

      I agree that running other companies out of business by losing money with VC funding is anticompetitive and bad, that just isn’t what I’m talking about here.

      I disagree that the increased prices is from some newfound monopoly power. They didn’t succeed in becoming a monopoly, they just made the business decision to become profitable by charging more, and they did that due to the new interest rate environment.