Yes, I plan to make a post about late-stage capitalism and the rise of global dissatisfaction. A lot of things don’t add up any more economically that used to do so. I’m not an economist, but I don’t see any economists doing this kind of work (I’d be happy to read any links that posters should care to provide).
Right. And the corps went along with this for a long time under the rubric of, “Hey, the ads will pay for it–ads, baby!” but now are pissing and moaning and blocking ad blockers, and wow, talk about ingrained incompetence and a lack of vision on their part.
Yeah. Apparently Disney lost $2.5 billion in 2023 on streaming but will turn a profit this year. Many other services won’t be profitable, however.
Good point. And this is affecting business investment and “innovation” across the board.
They also seem to be hitting a wall in terms of how good this stuff can get, which I wrote about in this post back in February:
What has been needed forever is a general subscription to a bunch of news sites, etc. It’s so obvious a solution that I think it has to happen eventually. When it does, I think everything except things like ecommerce will go to pay-to-access.
I think YouTube will go pay-to-access with ad and no-ad tiers a la many streaming services sooner rather than later.
Yes, only the biggest will be able to shoulder the compliance burden. OTOH, maybe smaller entities can buy into a shared compliance program, buy compliance insurance, etc. None of that is going to be fun, of course.
While there are a lot of things about which I have said above, “This will never be built again,” with respect to Google and their monopoly, I think there is enough money in the pot to attract competitors/disruptors eventually. Especially since dissatisfaction with Google seems to be on the rise.
It doesn’t now, does it?
Yes, he’s great.