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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[โ€“] sukhmel@programming.dev 14 points 5 months ago (1 children)

Also, operating at a loss allows to throw away the contenders that have to somehow profit to survive. Well sometimes those scammy services don't get to the point of actually getting money (kind of like Reddit)

But I guess this is what to expect from any free service, very few of them are run as a form of charity, or at least I think so

[โ€“] Auli@lemmy.ca -4 points 5 months ago

People think everything online is free. But everything one does online has a cost and we don't want to pay it. So we got ads.