All those disrupters did their job and either broke up monopolies or forced industries to adapt where they would have otherwise been perfectly content sitting on their ass and doing nothing for the consumer.
Cabs/Taxis - artificially controlled in number to keep fares high and service sucked.
Crypto - try to remember before crypto, the idea of cashless was non-existent. Want to make international transfers? Pay up the ass in fees and at rates they choose. Crypto forced companies to do better with digital currency.
Generative AI - is the future and will propel innovations we have not even considered.
Admittedly Airbnb is the only"disruptive" tech that isn’t so great and has more serious consequences, but I’m all for the hotel industry having more competition.
We can argue the current state of Uber/Lyft and crypto isn’t great, but they started off well and did disrupt in good ways for the consumers.
Crypto - try to remember before crypto, the idea of cashless was non-existent. Want to make international transfers? Pay up the ass in fees and at rates they choose. Crypto forced companies to do better with digital currency.
That may be true in the USA, but in the UK we had cashless payment (chip and pin) well before any crypto, and sending money abroad has always been cheap and easy.
“before Uber, we had underfunded public transit” well we still do, this is a public problem not a private one
You can classify it however you like but Uber made it better, if only for a while. No matter what you think the problem is or was it clearly wasn’t going to change on it’s own.
“before Crypto, there was no Crypto” ok granny, the rest of the world had bank transfers
This is something people who do not do international transfers (ignorant people) say. Bank transfers with up the ass fees and exchange rates decided by the same people. Crypto came along and rates became more competitive, showing there is demand and allowing services like Wise to come around.
“AI is the future” no, what they’re calling AI right now is a giant scam. the tech will come, but this aint it
Again a comment from the ignorant. You can be pedantic and call it"not real AI" but generative AI and LLM is in use now and billions are being spent too build up the infrastructure. Companies and governments aren’t doing that if the payoff isn’t there.
Accurate tho.
Uber succeeded by burning invester money early and evading taxi regulations.
Airbnb succeeded by burning inverter money early and evading hotel regulations.
Crypto was originally hyped as untraceable, and that drove early buters.
AI only works well if/because it’s trained illegally on copyright works.
That whole “disrupter” shit was always:
finding loopholes in regulations
convincing rich people it will do well so they invest
Spend their money while operating at a loss to gain market share
Raise prices higher than original regulated service.
Then optionally drop all your stock immediately before prices plummet and the late investors get fucked.
You forgot killing all competitor
That’s part of step 3
That’s fair
Not really accurate, just very cynical.
All those disrupters did their job and either broke up monopolies or forced industries to adapt where they would have otherwise been perfectly content sitting on their ass and doing nothing for the consumer.
Cabs/Taxis - artificially controlled in number to keep fares high and service sucked.
Crypto - try to remember before crypto, the idea of cashless was non-existent. Want to make international transfers? Pay up the ass in fees and at rates they choose. Crypto forced companies to do better with digital currency.
Generative AI - is the future and will propel innovations we have not even considered.
Admittedly Airbnb is the only"disruptive" tech that isn’t so great and has more serious consequences, but I’m all for the hotel industry having more competition.
We can argue the current state of Uber/Lyft and crypto isn’t great, but they started off well and did disrupt in good ways for the consumers.
Crypto - try to remember before crypto, the idea of cashless was non-existent. Want to make international transfers? Pay up the ass in fees and at rates they choose. Crypto forced companies to do better with digital currency.
That may be true in the USA, but in the UK we had cashless payment (chip and pin) well before any crypto, and sending money abroad has always been cheap and easy.
“before Uber, we had underfunded public transit” well we still do, this is a public problem not a private one
“before Crypto, there was no Crypto” ok granny, the rest of the world had bank transfers
“AI is the future” no, what they’re calling AI right now is a giant scam. the tech will come, but this aint it
“before Uber, we had underfunded public transit” well we still do, this is a public problem not a private one
You can classify it however you like but Uber made it better, if only for a while. No matter what you think the problem is or was it clearly wasn’t going to change on it’s own.
“before Crypto, there was no Crypto” ok granny, the rest of the world had bank transfers
This is something people who do not do international transfers (ignorant people) say. Bank transfers with up the ass fees and exchange rates decided by the same people. Crypto came along and rates became more competitive, showing there is demand and allowing services like Wise to come around.
“AI is the future” no, what they’re calling AI right now is a giant scam. the tech will come, but this aint it
Again a comment from the ignorant. You can be pedantic and call it"not real AI" but generative AI and LLM is in use now and billions are being spent too build up the infrastructure. Companies and governments aren’t doing that if the payoff isn’t there.
If the privacy features didn’t work they wouldn’t be making it a felony to use them