this post was submitted on 06 Dec 2023
136 points (98.6% liked)
Technology
59601 readers
3675 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Why is everyone on a race to the bottom nowadays? Almost every action a consumer makes is becoming monetized.
Because once a company sells their soul to shareholders their purpose becomes making money for shareholders at any cost instead of making a great product.
If enough of an industry takes the same customer hostile action at once, customers effectively have no option but to accept it, allowing industries to move the needle on what is considered acceptable through coordinated action.
On paper they're competitiors, but when there's an option that benefits the profits of all of them they don't hesitate to "enrich" themselves and coordinate.
Enshittification is real
They're running out of ways to make the number go up without outright cutting wages and not raising wages isn't keeping up anymore. I worried we're rapidly approaching another great depression.