870
submitted 10 months ago* (last edited 10 months ago) by governorkeagan@lemdro.id to c/mildlyinfuriating@lemmy.world

I’d seen rumours online but got the email this morning.

EDIT: seems like there won’t be ads for everyone straight away.

  • Live events, such as sports, and content offered through Amazon Freevee will continue to include advertising. Customers in the Republic of Ireland, Channel Islands, and Isle of Man won’t see ads in their experience at this time.
you are viewing a single comment's thread
view the rest of the comments
[-] Aceticon@lemmy.world 4 points 10 months ago* (last edited 10 months ago)

I've worked in Investment Banking for a decade or so some years ago and everything there is calculated and risk-priced with zero moral or ethical considerations (even "Regulatory Risk" or, in other words, "If the risk-adjusted profitabily exceeds other options we will break the Law").

Funnilly enough I was in the Tech Startup World after than and nowadays (back in the 90s it wasn't like this) it's pretty much The Even Wilder Wild West Of Finance - or in other word, riddled with shit from the most speculative end of Finance, only with pretty much zero regulatory oversight so, naturally, riddled with near- and actual-Fraud.

All this to say that somebody in Amazon made the maths using their customer behaviour profiles to calculate the risk of the only negative response possible (people actually cancelling, the other two being the slight positive one of "people stay as they are and watch ads" and the more positive one of "people pay the extra for ad free") times lost income versus the upsides and determined Amazon's profit will increase.

Notice how in order to reduce the possibility of people taking the option that's negative for them, they renew and after it do a one-sided change the terms of the contract, which Nudge Theory tells will yield the maximum number of people just accepting it (so they'll be in the "stay and watch ads" rather than "cancelling" group), something which for them even has no negatives (people will either still cancel, which is neutral versus telling it to people upfront and they cancelling, or they'll stick around and take it which is positive for Amazon) hence was a pretty obvious choice for an unethical company.

So, I applaud you for actually activelly going through the gauntlet they put in front of you and cancelling, though I suspect you're part of a tiny minority.

I suggest spreading the "renewal and then change of contract terms" story is the best way to punish them for their actions, especially emphasising that they're knowingly pressuring people to stay with highly sleazy screw-the-customer legally dubious techniques.

(Though not with a wall of text like I did ;), so thank you kind reader for getting this far!)

I would say that the thing that can really screw Amazon over the mid and long-term is losing customer trust.

[-] TerraNova@lemmy.ca 2 points 10 months ago

Thanks for the Finance context. I figured they ran numbers and decided to go ahead anyway.

It’s sad that being public also encourages companies to act in ways that aren’t ethical as long as it maximizes shareholder value.

this post was submitted on 03 Jan 2024
870 points (96.7% liked)

Mildly Infuriating

35459 readers
602 users here now

Home to all things "Mildly Infuriating" Not infuriating, not enraging. Mildly Infuriating. All posts should reflect that.

I want my day mildly ruined, not completely ruined. Please remember to refrain from reposting old content. If you post a post from reddit it is good practice to include a link and credit the OP. I'm not about stealing content!

It's just good to get something in this website for casual viewing whilst refreshing original content is added overtime.


Rules:

1. Be Respectful


Refrain from using harmful language pertaining to a protected characteristic: e.g. race, gender, sexuality, disability or religion.

Refrain from being argumentative when responding or commenting to posts/replies. Personal attacks are not welcome here.

...


2. No Illegal Content


Content that violates the law. Any post/comment found to be in breach of common law will be removed and given to the authorities if required.

That means: -No promoting violence/threats against any individuals

-No CSA content or Revenge Porn

-No sharing private/personal information (Doxxing)

...


3. No Spam


Posting the same post, no matter the intent is against the rules.

-If you have posted content, please refrain from re-posting said content within this community.

-Do not spam posts with intent to harass, annoy, bully, advertise, scam or harm this community.

-No posting Scams/Advertisements/Phishing Links/IP Grabbers

-No Bots, Bots will be banned from the community.

...


4. No Porn/ExplicitContent


-Do not post explicit content. Lemmy.World is not the instance for NSFW content.

-Do not post Gore or Shock Content.

...


5. No Enciting Harassment,Brigading, Doxxing or Witch Hunts


-Do not Brigade other Communities

-No calls to action against other communities/users within Lemmy or outside of Lemmy.

-No Witch Hunts against users/communities.

-No content that harasses members within or outside of the community.

...


6. NSFW should be behind NSFW tags.


-Content that is NSFW should be behind NSFW tags.

-Content that might be distressing should be kept behind NSFW tags.

...


7. Content should match the theme of this community.


-Content should be Mildly infuriating.

-At this time we permit content that is infuriating until an infuriating community is made available.

...


8. Reposting of Reddit content is permitted, try to credit the OC.


-Please consider crediting the OC when reposting content. A name of the user or a link to the original post is sufficient.

...

...


Also check out:

Partnered Communities:

1.Lemmy Review

2.Lemmy Be Wholesome

3.Lemmy Shitpost

4.No Stupid Questions

5.You Should Know

6.Credible Defense


Reach out to LillianVS for inclusion on the sidebar.

All communities included on the sidebar are to be made in compliance with the instance rules.

founded 1 year ago
MODERATORS