The enshittification of the internet follows a predictable trajectory: first, platforms are good to their users; then they abuse their users to make things b...
But rent seeking sounds too… clean. It’s almost an euphemism. Because in the end, the result is that for a whole lot of people, the experience of using the services goes to shit.
Edit: I just googled it and yeah, you’re exactly right. Interesting!
But rent seeking sounds too… clean. It’s almost an euphemism. Because in the end, the result is that for a whole lot of people, the experience of using the services goes to shit.
Edit: I just googled it and yeah, you’re exactly right. Interesting!
I just like pointing out that it’s nothing new.
It may not be a flashy term, but it has a lot of historical context and it’s basically a defining feature of modern capitalism at this point.