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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[–] Prandom_returns@lemm.ee -2 points 5 months ago (1 children)

Ah yes, the good ol' revenue is just a synonym to profit. Classic.

[–] retrospectology@lemmy.world -1 points 5 months ago (1 children)

Ah the ol' I have no real argument here and have no idea why I'm actually whiteknighting for a multibillion dollar corporation so I'll just act skeptical regardless of what's said.

[–] Prandom_returns@lemm.ee -1 points 5 months ago

Lol. Okay revenue=profit guy. You've said enough.