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https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys
Here is how platforms die: first, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die.
I call this enshittification, and it is a seemingly inevitable consequence arising from the combination of the ease of changing how a platform allocates value, combined with the nature of a "two sided market," where a platform sits between buyers and sellers, hold each hostage to the other, raking off an ever-larger share of the value that passes between them.
[...] Search Amazon for "cat beds" and the entire first screen is ads, including ads for products Amazon cloned from its own sellers, putting them out of business (third parties have to pay 45% in junk fees to Amazon, but Amazon doesn't charge itself these fees). All told, the first five screens of results for "cat bed" are 50% ads.
This is enshittification: surpluses are first directed to users; then, once they're locked in, surpluses go to suppliers; then once they're locked in, the surplus is handed to shareholders and the platform becomes a useless pile of shit. From mobile app stores to Steam, from Facebook to Twitter, this is the enshittification lifecycle.
(Score: 1, Insightful) by Anonymous Coward on Thursday January 26 2023, @06:26PM (4 children)
I'll respond to you, since the other poster is arguing in bad faith (equating Trump's twitter ban with actual political repression, pffft get lost twat).
Capital amassed by inheritance (or corruption) stifles innovation. A large fraction of our population are indebted from birth - Original Sin, if you like - while those blessed in the Lamb of inherited wealth, whose main talent is to ignore their privilege, throw tantrums about the tardiness of the server bringing their caviar.
(Score: 1, Disagree) by khallow on Friday January 27 2023, @01:59PM (3 children)
Truth is an absolute defense against such accusations.
And of course, nothing relevant to the thread. Typical class warfare bullshit. UBI wouldn't solve such problems since the rich would still be richer and have that attitude, and the clueless could still borrow more money than they can afford.
(Score: 2) by hendrikboom on Saturday January 28 2023, @06:32PM (2 children)
Only when the one presenting said truth is believed.
(Score: 1) by khallow on Saturday January 28 2023, @07:45PM (1 child)
Because truth is only true when it's "believed"? Well, I believe it. Box is checked.
(Score: 2) by hendrikboom on Saturday January 28 2023, @09:13PM
Truth that is not believed will not convince.
Truth that is not believed may, however, kill.