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?

  • sbv
    link
    fedilink
    English
    arrow-up
    19
    ·
    7 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
      link
      fedilink
      arrow-up
      1
      arrow-down
      2
      ·
      7 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.