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this post was submitted on 22 Oct 2023
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My hypothesis is that "enshittification" isn't just happening to internet services, but to everything. Prices are going up, and quality is going down at an accelerating pace; the majority of the inflation in the past ~4 years has been due to corporations simply raising prices and blaming it on "the economy", executive compensation and stock buybacks have gotten completely out of hand (even compared to what's been going on in the past 30 years) while wages stay at the same level – meaning that everybody except the 1% is getting paid less due to the cost of living skyrocketing.
Honestly it feels like the ruling class has realized that the proverbial shit is going to hit the fan very soon and is scrambling to maximize their wealth and making sure everybody else is worse off so people don't have too much time to think about what's going on. Plus they know that increasing inequality will drive people to vote for populists, and right-wing populists are invariably pro-plutocracy despite what they claim to be (and left-wing populists are vastly less popular nowadays, although not completely extinct as eg. Slovakia recently showed)
Agreed.
Though am not sure it is really planned out so much as there was an insane scramble to both invest in & rely upon a multitude of systems which were unstable & unsustainable, and that now these are fracturing.
Add to that the scramble to get money out before & patch over flaws before it collapses, and we're hurtling toward very uncomfortable times.
Oh yeah I doubt this has all been planned decades in advance, but it definitely does seem to be the plan now. Also it's not like this all isn't a fairly logical consequence of our economic system.
We also have the added bonus of executives realizing that they can replace a huge chunk of their workforce with some shitty "AI" system, either now or in the near future. There's already many publicized cases of this happening, and many of the examples have been… well, predictable. Like that one eating disorder helpline that replaced its meatbag helpline staff with a barely-tested LLM that gave dangerous advice – but hey, exec compensation went up and it's surely going to trickle down any day now