this post was submitted on 01 Aug 2024
553 points (97.8% liked)
Technology
59534 readers
3195 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The enshittification cycle:
Phase one, attract users by providing a good service.
Phase two, once the users are locked in, squeeze them for all they're worth by selling them to business customers (advertisers and/or data buyers).
Phase three, once the business customers are locked in, squeeze them for all they're worth by threatening to deny them access to the users on whom they now depend.
Spez seems to think Reddit has the pull to make phase 3 happen. I rather doubt it, but we'll see.
https://catvalente.substack.com/p/stop-talking-to-each-other-and-start
Blog post (?) from Catherynne Valente about this exact topic