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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Peloton is adding a $95 activation fee for secondhand machines (www.theverge.com)

submitted 3 weeks ago by HailSeitan@lemmy.world to c/enshittification@lemmy.world

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[–] Iheartcheese@lemmy.world 21 points 3 weeks ago

The official reason why is so that new members “receive the same high-quality onboarding experience Peloton is known for.”

Also the pride and accomplishment.