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Peloton is adding a $95 activation fee for secondhand machines
(www.theverge.com)
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this post was submitted on 22 Aug 2024
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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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We’re past the point where capitalism pretends to be good. This is the stage where it’s revealed to be a people-crushing juggernaut.