What I don't get is what made 2023 the year of the cut brakes? Seems like every corporation has decided to just go full fucking tilt on pushing their consumers to the edge of what they're willing to put up with and they have ZERO shame about any of it.
High consumer spending keeping the economy afloat against the predicted recession that never materialized. Companies figured they could start charging more and get away with it.
The company will, but from what I've seen the decision makers find ways to ensure they still get paid just as much or nearly as much, usually by laying people off and screwing over customers even more.
These companies are purely short term focused. They don't look to the long term and they don't care about the company's stability far into the future. It's all about hitting the next financial target no matter what.
Profits going down I guess. People save money when inflation is crazy, and if the company profits go down, their stocks go down also. If that happens, leadership may be replaced etc etc.
Ive cancelled most of my subs because they didn't even provide enough value before the price hikes.
So the people who remain and who are fine with paying YouTube or Netflix, they will have to pay more to support higher profits.
Probably in 2030, people will both pay and watch lots of ads since that gives maximum profits. Pretty much how cable TV went.