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‘I want to cancel’: YouTube Premium quietly hikes its US prices for the first time in three years, forcing many users to consider the unthinkable (www.techradar.com)
submitted 7 months ago by to c/technology@lemmy.world
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[–] 2 points 7 months ago (1 child)

Not defending Google, but how many employees do they have? Did they all get raises this year? I bet license deals from the music industry probably went up too. (No proof but assuming)

But I agree 100%, they are without a doubt no longer following "don't be evil". But it's disingenuous to believe they're annual costs are not increasing along with literally everything else.

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  • [–] 2 points 7 months ago

    I wasn't being disingenuous and I just validated my assumptions.

    The cost of compute per million instructions has continued to decrease. The cost of storage on HDD has also continued to decrease, albeit more slowly. The cost of NAND storage has increased due to the supply crunch that Google helped create. Average pay at Google has gone up 5% over the past two years, but this is offset at least in part by mass layoffs. License fees for music have remained stagnant.

    While a lot of those things are arguable one way or another, depending on whose numbers you look at and what specific details you want to focus on, one thing is not. Google's profits have nearly doubled in the past 3 years. There is no reason for a price increase beyond corporate greed.

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