History would suggest that, but I’m starting to believe we’re in a tech service bubble that’s ready to pop. I touched on this in my comment, but it’s becoming clearer than ever that the vast majority of the services we use today are not sustainable on a number of levels. Economically, they’re all a mess.
Food delivery services are bleeding money constantly in the hopes that one day they’ll find a way to profit. They won’t. It’s an insane business model. The actual cost of the service is many times the price of the food you’re buying. Uber/Lyft already isn’t keeping prices low enough to be a cheap option anymore because they’ve coasted too long on VC funding and it’s time for them to start making money. But they still aren’t and if they charged what it actually costs to operate, no one would use it. Many online platforms can’t sustain themselves despite being major social media hubs. Streaming services spend more on buying up movies, shows, IP rights, and other streaming services than their subscriptions bring in.
The endgame of all this means everything will become unaffordably expensive for almost everyone, the services utterly nosedive in quality as companies cut costs and fire staff, or they go bankrupt and collapse. I think we’ve already had it as good as it’s gonna get and we’re going to go through a period of corporations slowly pulling back everything they’ve pushed into our lives with investor funding over the past decade. It’s not just Lemmy’s favorite buzzword “enshitification.” I think a lot of what we expect from the Internet is not sustainable and it’s not going to stick around in any form we would want.