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this post was submitted on 12 Jun 2024
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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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Load it to what? Who's going to pay for all the bandwidth and storage. How much are y8u willing to host? Peertube is never going to take off because it well cost users and people like free.
That'd require a bit more knowledge than the average YouTube user has, unfortunately.
The users -- it's all bittorrent.
Just add "decentralized web3 mining" somewhere in the page and crypto-dipshits will host the shit out of it. No actual cryptocurrency nor even a whitepaper required.