this post was submitted on 22 Feb 2025
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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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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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[–] P1nkman@lemmy.world 7 points 6 hours ago (1 children)

America, the home of enshittifiction!