See also: everything else under capitalism
this post was submitted on 23 Oct 2024
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Demand goes down over time but the board expects increasing results. It's the capitalism.
Strong anti-trust enforcement is the key. As long as the major cloud providers are actually competing, it shouldn't be an issue.
Price-fixers need to face real consequences, not like the slap on the wrist that they got for fixing the price of ebooks at 10$.
She's over reached a couple times and shot themselves in the foot, but Lina Khan is a boss.
In an e-mail to [Steve] Jobs, Cue attributed Random House’s capitulation in part to 'the fact that I prevented an app from Random House from going live in the app store this week.'"
Well we all knew those things happened but it's the first time I see proof.
Disclaimer: I am very drunk
But like idk. I feel like cost going down on physical items makes sense to a point. But I've hosted a few services and that shit got harder and more involved the longer it went on. Maybe that's just a skill issue tho. Love to hear your thoughts
Yes it gets harder, but it doesn't get 10x harder with 10x users. It should scale somewhat logarithmically. With millions of users that makes it still much cheaper to operate per user than with a thousand.
I host an ever growing system in the cloud. Everything you build needs to be maintained and monitored, and the more users you have, the more features they demand.
You can still spread cost out across more users, but it's not like the software is just "done" and sits there being used
Everyone likes to pile on, but do the costs go down? Cloud isn’t run in a vacuum. You’ve got a data center full of employees keeping the place running. The data center has electricity and cooling costs. The company runs an HR department. The electric company raises prices. The hardware the “cloud” lives on wears out and needs to be replaced. All of these costs involve humans and humans demand annual raises to keep up with inflation. Also, investors that gave you the money to build the cloud and keep it running demand a return on their investment. They don’t just give out their money for free. So, I can’t help but feel this is not an accurate view of the world.
Thought it was interesting that no one mentioned Terraform or OpenTofu. Then checked the community I was in.
Greedflation is the word you're looking for.
This is what I don't get. Progress and tech are supposed to make things cheaper and more efficient, not more expensive and resource hungry.
Absolutely they do, which is why the competition could not compete. Once the whole market is dominated by a few companies, it lets them get a little more creative with how they price things, and a little lazier with their coding practices.
The rebound effect summarised
Cloud costs are going down
¿Huh?
Companies often have less new stuff to add
They never run out of stuff to add. Give any company enough resources and you would see weird and completely unrelated stuff attached to their products. I kid you not, I can apparently get a vet appointment in a taxi app, and my bank is now selling clothes and.... car parts? While the bank part of the app literally has no option to filter out only incoming transactions. Priorities, I guess...
this is what they do when they run out of stuff to add, yes
Yeah companies need to stop being allowed to be multiple industries.
Like why does every department store have a credit card now? They should be using their profits to pay their employees, not loaning it out at insane interest rates.
Usually those cards are serviced by a bank, the department store doesn't loan its money. I know a lot of stores use Synchrony bank
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