• FauxLiving@lemmy.world
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    13 hours ago

    Hyper scaling was always about cornering the computer market, It was never about providing us some vastly new and superior service.

    Exactly, its a method of taking tens of billions of dollars in capital and buying a near monopoly. No other providers can compete if the hyperscalers buy all of the hardware, driving up the prices while also selling the service at a loss.

    Nobody working out of their garage with a cool idea for a better service can compete if they can’t get hardware and have to charge double what the hyperscalers are charging because they can’t burn capital for years.

    It’s a practice that should be considered illegal market manipulation, because that’s what it i

    e: extraneous ‘completely’

    • SomeoneSomewhere@lemmy.nz
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      12 hours ago

      ‘Dumping’ is considered anti-competitive behaviour in a lot of places. This sounds a lot like that.