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submitted 6 months ago by overload@sopuli.xyz to c/asklemmy@lemmy.ml

I see it referenced constantly here, not quite as much on Reddit. I know what it means, but just wondering why such the popularity over on this side of the fence?

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[-] sbv@sh.itjust.works 19 points 6 months ago

catch-all for companies doing something they don’t like.

Yes.

But it screws up entire markets:

new platforms offer useful products and services at a loss, as a way to gain new users. Once users are locked in, the platform then offers access to the userbase to suppliers at a loss, and once suppliers are locked-in, the platform shifts surpluses to shareholders.

So, it

  1. gives users a warped sense of what they deserve by giving away a costly service, and running competitors out of business.

  2. Then it puts a stranglehold on suppliers by holding users hostage.

  3. Then it fucks everybody by extracting value for shareholders.

[-] Gladaed@feddit.de -2 points 6 months ago

By this metric youtube is not enshittification to some extent. They are a household name and not some weenie startup.

It being ineffective is a necessary part of it, in my opinion.

this post was submitted on 02 May 2024
294 points (86.8% liked)

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