Technology

59593 readers

2888 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

517

‘Enshittification’ is coming for absolutely everything (www.ft.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

205 comments fedilink hide all child comments

‘Enshittification’ is coming for absolutely everything::The term describes the slow decay of online platforms such as Facebook. But what if we’ve entered the ‘enshittocene’?

you are viewing a single comment's thread
view the rest of the comments

[–] givesomefucks@lemmy.world 2 points 9 months ago* (last edited 9 months ago)

If you want people to help, use smaller comments

I'll give you the first one but I'm not spending an hour helping you understand 10 things when you're acting like that and will likely reply with "nuh uh".

The phenomenon is due to pressures to be profitable instead of hemorrhaging money which is no longer free

You act like they want to burn investor money indefinitely.

They dont, not a single company.

They "invest" investor capital operating at a loss and eliminating competitors. The plan is always once the competition is out of business, to raise your prices higher.

This has been a thing as long as capitalism has been a thing.

And it's incredibly basic.