this post was submitted on 12 Jun 2024
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Enshittification

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What is enshittification?

The phenomenon of online platforms gradually degrading the quality of their services, often by promoting advertisements and sponsored content, in order to increase profits. (Cory Doctorow, 2022, extracted from Wikitionary) source

The lifecycle of Big Internet

We discuss how predatory big tech platforms live and die by luring people in and then decaying for profit.

Embrace, extend and extinguish

We also discuss how naturally open technologies like the Fediverse can be susceptible to corporate takeovers, rugpulls and subsequent enshittification.

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submitted 3 months ago* (last edited 3 months ago) by Dju to c/enshittification
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[โ€“] [email protected] 1 points 3 months ago

I think, dumping is the first part of what we discussed, then there's the second part where you can set an arbitrary price or do other unfair things because you've become effectively a monopoly.

But the public opinion clearly showed me that I shouldn't interfere with this discussion ๐Ÿ˜