Technology

59607 readers

3423 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

514

‘Enshittification’ is coming for absolutely everything (www.ft.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

205 comments fedilink hide all child comments

‘Enshittification’ is coming for absolutely everything::The term describes the slow decay of online platforms such as Facebook. But what if we’ve entered the ‘enshittocene’?

you are viewing a single comment's thread
view the rest of the comments

[–] OldWoodFrame@lemm.ee -4 points 9 months ago

I agree that running other companies out of business by losing money with VC funding is anticompetitive and bad, that just isn't what I'm talking about here.

I disagree that the increased prices is from some newfound monopoly power. They didn't succeed in becoming a monopoly, they just made the business decision to become profitable by charging more, and they did that due to the new interest rate environment.