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Old man yells at cloud vibes. If these services were so devoid of value, competitors will spring up and eat their lunch. Capitalism still works. Silicon valley startups have made their money disrupting broken customer experiences in basically every single vertical. They are not immune from the same disruption.

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You are incredibly naive to think so. The companies behind those services optimize only to make money, not to provide better value to the users.

They only have to provide the minimum amount of value to keep users hooked. Small competitors can be either bought or smothered by your weight.

POS systems and credit card terminals were a nightmare for restaurants before cloud based challengers appeared.

On a long enough timeline, probably. But we're talking about decades here. Are you content with things sucking horribly for most of the duration of these cycles ?

And this also assumes that we are not moving to a different kind of society (as posited by cyberpunk) : a much more stable system, where corporations are able to capture enough power that only whole society collapse events are able to get rid of most of them.

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