this post was submitted on 22 Feb 2025
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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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Cant imagine making 30 k a year and having to pay even 1600 in taxes. This is saying it will increase that much.

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[โ€“] [email protected] 2 points 7 hours ago (1 children)

I mean... you could win a lottery...

low odds but still... ๐Ÿ˜‰

[โ€“] [email protected] 3 points 7 hours ago

Afraid there's no 100 billion annually cash for life lottery . . . Even if there was a 100 million per year prize, youd need to live for 1000 more years to accumulate 100bn. So, sociopathy (together with nepotism and luck) seems like the only viable path...