>>151072167 (OP)
Tech bros doing what tech bros do.
The model is to create a service that will "disrupt" an industry by providing a similar service for impossibly cheap prices (or sometimes even free). In truth, they're hemorrhaging money, but they have enough capital that they can keep up the illusion of impossibly cheap/free for several years.
They tout that this is the wave of the future and that <product> doesn't need to be so expensive. Everyone moves over thinking it's the wave of the future while they devalue the object or service being sold in their minds.
> <Previous service/good> was so much more expensive! What a total scam. This is way cheaper and almost as good!
Once the market is cornered, the competition flattened, and people are reliant on the new tech, prices suddenly start to steadily increase. Each time the company will explain that they're making improvements, trying to pay their workers better, etc. This is a lie. They need to start making the business profitable. They keep increasing until eventually you're paying more for a shittier version of the service/good you used to get in the pre-new-tech era.
Every time, the industry that the tech bros infiltrate is left in smoldering ruins, they cash out, and move on to ruining something else. The same thing happened with taxis (uber), food delivery (grub hub), general retail (amazon), and now AI is coming for creative industries. And people fall for it every time. Just remember, what seems impossibly cheap today will be far more expensive (and worse) tomorrow.