this post was submitted on 29 May 2023
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how’s your week going, Beehaw (self.chat)
submitted 2 years ago by alyaza to c/chat
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so far the weekend has been pretty good. currently: writing about labor stuff, also reading this book. it has been a pretty mild and wet spring so far which is rare for here, and i'm enjoying that while it lasts

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[–] ollien 9 points 2 years ago (2 children)

"Enshittification", as Cory Doctorow calls it, is a real thing :)

Here is how platforms die: First, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die.

I call this enshittification, and it is a seemingly inevitable consequence arising from the combination of the ease of changing how a platform allocates value, combined with the nature of a "two-sided market," where a platform sits between buyers and sellers, hold each hostage to the other, raking off an ever-larger share of the value that passes between them.

https://www.wired.com/story/tiktok-platforms-cory-doctorow/

[–] cavemeat 4 points 2 years ago

Lord its so accurate, although tumblr of all things seems to have survived this process.

[–] SubArcticTundra@lemmy.ml 3 points 2 years ago

Do you think Reddit would still be good if they hadn't gone publicly traded? Because then they wouldn't have any financial incentive to milk their users so long as they broke even...