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::Some tech is getting pricier and looking a lot like the older services it was supposed to beat. From video streaming to ride-hailing and cloud computing.
Just goes to show that wealth distribution is so fucked if a small group of people can burn billions of dollars on essentially a bet. Just because they have enough bets placed that they know some will payoff.