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submitted 11 months ago by pluralistic@mamot.fr to c/random@kbin.run

We're living in the #enshittocene, in which the forces of enshittification are turning everything from our cars to our streaming services to our dishwashers into thoroughly enshittifified piles of shit. Call it the Great Enshittening:

https://pluralistic.net/2023/11/09/lead-me-not-into-temptation/#chamberlain

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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/01/13/solidarity-forever/#tech-unions

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[-] pluralistic@mamot.fr 1 points 11 months ago

Douglas @Rushkoff@social.coop calls this "going meta." Don't sell things, provide a platform where people sell things. Don't provide a platform, invest in the platform. Don't invest in the platform, buy options on the platform. Don't buy options, buy derivatives of options.

A more precise analysis comes from economist #YanisVaroufakis, who calls this #technofeudalism. Varoufakis draws our attention to the distinction between #profits and #rents.

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this post was submitted on 13 Jan 2024
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