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▲ jsrozner 3 hours ago

Often, I see 50 people all recording the same exact thing on their iphones. Rather than a single 200MB video, we create 10GB of data. Then I think about how many people are paying a subscription to Apple for icloud storage.

The amount of photo storage being used is impressive. Automatic backup to icloud and server provisioning to reliably store it all is also impressive. I just wonder if it makes sense.

▲Exoristos 3 hours ago | parent | next [-]

Very little about modern technology "makes sense" in the way you mean. But it does currently make money.

▲jsrozner 2 hours ago | parent [-]

Frenetic economic activity in service of other frenetic economic activity cannot, by itself, be taken as a reflection of quality-of-life improving growth.

Suppose that subsidies lead to the price of Ubers falling close to zero, with drivers also being incentivized to drive more to support the (artificial) increase in demand -- artificial because it is driven by subsidies funded by new money creation. Traffic increases and in response, new roads are built.

▲Gee101 2 hours ago | parent | prev [-]

Is that not how Cloud storage vendors make money? They dedup all that data but still charge every individual for all their data.