I issue with subscriptions and pay later schemes is, that you loose sight of what you have paid, will pay next weeks/ months and what amount of money you still have left.
Taking inflation into account for anything that is below 100k and over more than 5 years, is just ridiculous, to say it in plain words, sry.
In short you live day to day with your money without any planning if you let your cash flow out by itself (subscriptions, loans)
Sorry for this long list. It’s just a terrible place for kids
Just a few in the US - and they were all different at that time. They were all intertwined with politics at their time. Quick google search though, not sure how good the sources are:
Railroad: https://digfir-published.macmillanusa.com/roark7e/roark7e_ch18_4.html
Steel, oil, and tobacco: https://19thcentury.us/19th-century-monopolies/
Or just recently: take a look at China. How Chinese Big Tech influence on society was crushed and control was taken back by the Communist Party in the past 5 years.
Because it happened in the past as well. And the big tech companies were split, cut down, and destroyed. Big tech was not IT in the past but other “advanced technologies” at their time.
Fortunately, there’ve been successful Monopoly destroying actions in the past. When money power/ capitalists get too much influence political power strikes back.
Lawyer sues tech company
But we asked for the birthday
Lawyer points to law text
Company fined
So, this entire article is based on Twitter posts from random people to prove? Mmmm, I don’t know. Feels not very reliable
OpenAI started as open as well. Sadly