This is the new way and we need to stop it now. Forget the 'is it legal or not' arguments, their lawyers will win. Just get mad and tell them this is wrong. Stop buying their #$@#$ software. Block them. This is what is wrong with cars too. Don't want to give them real time data on you and your passengers and instead try to disconnect the modem? Well, no car functionality for you even if it doesn't need it. -get mad-…
Hard agree. In the past, companies made their profits by providing value that induces a sale, but the trend in the last 1-2 decades is increasingly towards extracting value. The main difference being we are moving away from clearly defined transactions and companies view their customer base as a resource that they can trade increasing amounts of asymmetric, long-term exploitation for some pre-calculated probability o…
That's not an accident. In the last 1-2 decades, the largest generation in American history started retiring en masse. They didn't have enough children to replace them, because the birth rate peaked in 1965. This generation is now drawing off of retirement savings, the vast majority of which is backed by ownership in equities and bonds in publicly-traded companies.
When you don't have more people to provide value that includes a sale, like you say, and still have to increase value of equities and bonds every 90 days, you have to more intensely monetize each customer.
It's only going to get worse unless you bring a lot of people into the market as new potential customers, but you can only do so much of that without causing social disharmony.