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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Elon Musk's X revenue has officially plummeted, new documents show (mashable.com)

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

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[–] [email protected] 41 points 2 months ago (2 children)

Does this even matter? He bought that cesspool for like 45B USD and recently got his 56B USD tesla payout. So that blight is still swimming in wealth ¯_(ツ)_/¯

[–] [email protected] 14 points 2 months ago

He was faking the numbers just long enough until he could pass the bill onto some other schmucks.

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

Could have been more wealthy and not have people keep reporting on his failures with X, formerly known as Twitter, constantly.