Gregory's Server@amart @damianogerli @EricLawton Corey Doctorow (@pluralistic) has coined “enshittification” for this lifecycle where benefits first flow from VC to consumer then VC to advertiser (or other counterparty) then from everyone back to VC by locking in users then making the service as bad as possible without pushing them away.
@amart @damianogerli @EricLawton @pluralistic Timely article from @masnick
https://www.techdirt.com/2023/06/21/seven-rules-for-internet-ceos-to-avoid-enshittification/