> I think this is exactly what _most_ people want.
Like seven people replied to say this, but they're all missing the trick.
Most people want this because they're guided to want it. If you show people the convenience but not the risk, of course they want something with an advantage and no apparent disadvantage. But the disadvantage exists, it's just not immediately obvious.
Then some corporate machine learning algorithm decides that it's your day to have a bad year, or the screws only get tightened after you're already locked in, and the regret comes some time after the decision is made.
Whereas the nerds who can see the inside of the machine are aware that this sort of thing happens and their response is no thank you. A starkly different preference from the people paying the most attention is a troubling sign. It's the early stages of this:
https://xkcd.com/743/
The thing that gets me is that people then defend the practice because it's likely to be successful. Lots of unsophisticated people are going to put all their eggs in one basket and then have a bad time, which is a result we should be trying to prevent, not defend the people causing it because they're likely to turn a profit. Companies making money on information asymmetries and the misfortune of others is a flaw we should be looking for ways to optimize out.