luka prince lucija on Nostr: "This is enshittification: Surpluses are first directed to users; then, once they're ...

"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."

*by Cory Doctorow (npub1fdr…lvhs)

The ‘Enshittification’ of TikTok | WIRED
https://www.wired.com/story/tiktok-platforms-cory-doctorow/