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Why is Lemmy obsessed with the word "enshittification"? (sopuli.xyz)

submitted 2 months ago by [email protected] to c/[email protected]

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I see it referenced constantly here, not quite as much on Reddit. I know what it means, but just wondering why such the popularity over on this side of the fence?

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[–] [email protected] 20 points 2 months ago (1 children)

catch-all for companies doing something they don’t like.

Yes.

But it screws up entire markets:

new platforms offer useful products and services at a loss, as a way to gain new users. Once users are locked in, the platform then offers access to the userbase to suppliers at a loss, and once suppliers are locked-in, the platform shifts surpluses to shareholders.

So, it

gives users a warped sense of what they deserve by giving away a costly service, and running competitors out of business.
Then it puts a stranglehold on suppliers by holding users hostage.
Then it fucks everybody by extracting value for shareholders.

[–] [email protected] -1 points 2 months ago

By this metric youtube is not enshittification to some extent. They are a household name and not some weenie startup.

It being ineffective is a necessary part of it, in my opinion.