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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hydra@lemmy.world

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So like, the complete opposite of what we need? (lemmy.world)

submitted 1 day ago* (last edited 9 hours ago) by Clinicallydepressedpoochie@lemmy.world to c/enshittification@lemmy.world

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Cant imagine making 30 k a year and having to pay even 1600 in taxes. This is saying it will increase that much.

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[–] fnrir@lemmy.world 34 points 21 hours ago (1 children)

Don't worry. It'll trickle down... eventually... The cash might be a bit red though... /j

[–] bane_killgrind@slrpnk.net 7 points 21 hours ago

I feel like these chuds don't know the difference between trickle and dangle.

This is dangle down economics, where the less well off are dependent on voluntary charity from the better off.