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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PSA: The serial enshittifiers from Bending Spoons have bought Vimeo. Time to make sure you have your content backed up (social.wildeboer.net)

submitted 2 weeks ago* (last edited 2 weeks ago) by Novocirab@feddit.org to c/enshittification@lemmy.world

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From the toot:

Also a good time to look at the #PeerTube ecosystem for an alternative way to share moving pictures. Things Bending Spoons has bought and enshittified already: Brightcove, Evernote, Meetup, komoot, Remini, and WeTransfer.

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[–] GissaMittJobb@lemmy.ml 14 points 2 weeks ago

A tech chop shop, they buy tech companies, lay off most of the staff and then hike the price as much as they possibly can.