this post was submitted on 03 Oct 2024
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[–] LazerFX 36 points 1 month ago (1 children)

It was a term coined to describe the step-by-step process modern tech platforms go through:

  1. be good, get customers, grow
  2. get large enough to corner market, concentrate on profits
  3. get large enough to move to politicise their approach, drive out competition through aggressive tactics, and lock in consumers
  4. drive more profit through dark patterns and ensure nobody wins but the stakeholders

It's specifically that, and there wasn't a word that described that process previously, as it's only something that's possible in a modern, "web scale" worldwide platform.

[–] [email protected] -1 points 1 month ago (2 children)

Maybe I’m just thinking the crudeness of the term is downplaying the seriousness somewhat.

I’ll award virtual internet points that you can redeem for absolutely nothing to anyone who can come up with a better term.

[–] [email protected] 13 points 1 month ago* (last edited 1 month ago) (1 children)

Too late. it is a widely used term with a very specific meaning now. that's language for you. not just modern language. all of language.

[–] [email protected] 1 points 1 month ago (1 children)

Yeah, you’re right. If I’d have spoken up earlier then people would have listened!

[–] [email protected] 3 points 1 month ago

I feel your pain. I am not a native english speaker but I see lots of comparable words come up in my language. I believe they are wrong but I know many "wrong" examples that were wrong a century ago but they are part of the daily language now.

[–] [email protected] 1 points 1 month ago

Maybe you could call it recoupment but it doesn't have quite the same ring. It's not quite the same thing, either.

You could also talk about coercive monopolies but that doesn't mean exactly the same thing.