41–50 of 166 posts
Corporations love the steady revenue of the subscription model. Look at Blackrock buying up all the housing and renting it out. The idea being that people won’t own anything except (maybe) their clothes. Well, certainly a lot less trouble for the kids when you kick off.
Do you mean Blackstone?
I mean the entire business model of the company seems to be to depart rich people from their money in obscene ways, so that move does not seem unexpected. I generally do not understand the thought process of buying a tablet glued to a treadmill for three thousand dollars. That's like what, a decade of gym membership
These are competing with fitness studios like Soul Cycle- which charges $40+ a class after shoe rental and water. The bike is more like $2000 at least for the standard bike, not $3000. My wife bought one in November 2019, and both joined the "century club" (100 rides) by the middle of 2020 and she takes the Yoga classes as well and I have done a few strength classes- its not just about the bike. We had never previous…
I can even understand people paying $200+/month for an Equinox gym. At least it's unlimited use.
But paying $35+ for a single one hour spinning class?
This is ludicrous. I'm intrigued why it is so difficult to add a 4 digit passcode to a device that regularly receives software updates. It seems that bricking the device was an easier fix than a bit of coding.
One of the benefits of IOT is the ability to provide regular updates & "improvements", however the first benefit of IOT is to earn as much money as possible for the suppliers and that typically steers product decisions.
How can a lump of hardware require a subscription to work? I've been in a coma for 20 years.
Corporations love the steady revenue of the subscription model. Look at Blackrock buying up all the housing and renting it out. The idea being that people won’t own anything except (maybe) their clothes. Well, certainly a lot less trouble for the kids when you kick off.
Earlier quoted context omitted.
Every company wants recurring revenue: https://www.datagubbe.se/endofownership/
Why don't we have this with computers? Surely we're depriving Lenovo and Apple of such revenue if we use the computer and don't pay a monthly fee? This whole sub thing is nuts.
[1] Yes you can have non-Google subscribed Android devices, doesn't mean that Google is banking on all but an insignificant portion of users doing that.
Earlier quoted context omitted.
Every company wants recurring revenue: https://www.datagubbe.se/endofownership/
Why don't we have this with computers? Surely we're depriving Lenovo and Apple of such revenue if we use the computer and don't pay a monthly fee? This whole sub thing is nuts.
'The company has cited "safety and well-being" as a reason for introducing the membership fee.' I've noticed the "fake because" lately seems to be getting more and more brazen from corporations. This is about the third or fourth "for your safety and convenience we're helping ourselves to more of your money" I've seen in the last couple months, and unfortunately all the other ones I've seen are for products or service…