the thing about capitalism is that at a certain point a product reaches its maximum audience and cant really be improved (at least not while remaining profitable), but capitalism requires a product provide infinite growth, and at that point the only way to increase profits is to raise prices, cut corners, and in the case of services start adding advertisements. this is just how the system works.

The actual economic term for this parasitic behavior is "Rent Seeking", as in "charging you rent for things that didn't used to cost money just because we can."

also see:

Enshittification (alternately, crapification and platform decay) is a pattern in which online products and services decline in quality. Initially, vendors create high-quality offerings to attract users, then they degrade those offerings to better serve business customers, and finally degrade their services to users and business customers to maximize profits for shareholders.

SF and tech writer Cory Doctorow coined the neologism in November 2022, and the American Dialect Society selected it as the 2023 Word of the Year.

...and of course:

Rather, end-stage capitalism, where corporations have taken all they can from customers and reduced costs to the absolute minimum. Such a system requires economic collapse or restructuring worldwide economies to reset into something functional.

...and all this arises from:

Muse's The 2nd Law is a concept album about a deteriorating planet that its inhabitants can no longer live on. Major lyrical themes of the album include societal collapse, totalitarianism, and the second law of thermodynamics, which the album's title and title song reference.

Someday, we’ll all take comfort in the internet’s “dark corners”

I'm on tour with my new, nationally bestselling novel The Bezzle! Catch me on SUNDAY (Mar 24) with LAURA POITRAS in NYC, then Anaheim, and beyond!

Platforms decay. Tech bosses, unconstrained by competition; regulation; ad blockers and other adversarial interoperability; and their own workers, will inevitably hollow out their platforms, using ultraflexible digital technology to siphon value away from end users and business customers, leaving behind the bare minimum of value to keep all those users locked in:

https://pluralistic.net/2024/01/30/go-nuts-meine-kerle/#ich-bin-ein-bratapfel

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/2024/03/23/evacuate-the-platforms/#let-the-platforms-burn

Enshittification is the inevitable result of high switching costs. Tech bosses are keenly attuned to opportunities to lock in their customers and users, because the harder is to leave a platform, the worse the platform can treat you – the more value it can rob you of – without risking your departure.

But platform users are a heterogeneous, lumpy mass. Different groups of users have different switching costs. An adult Facebook user of long tenure has more reasons to stay than a younger user: they have more complex social lives, with nonoverlapping social circles from high school, college, various jobs, affinity groups, and family. They are more likely to have a chronic illness, or to be caring for someone with chronic illness, and to be a member of a social media support group they value highly. They are more likely to be connected to practical communities, like little league carpool rotas.

That's the terrible irony of platform decay: the more value you get from a platform, the more cost that platform can extract, a cost denominated in your wellbeing, enjoyment and dignity.

(At this point, someone will pipe up and say, "If you're not paying for the product, you're the product." It's nonsense. Dignity, respect and fairness aren't frequent flier program perks that tech companies dribble out to their best customers. Companies will happily treat their paying customers as "products" if they think those customers can't avoid other forms of rent-extraction, such as "attention rents")

https://pluralistic.net/2023/11/06/attention-rents/#consumer-welfare-queens

Now, consider the converse proposition: for younger users, platforms deliver less value. Younger users have less complex social lives on average relative to their parents and grandparents, which means that platforms have fewer ways to sink their hooks into those young users. Further: young users tend to want things that the platforms don't want them to have, right from the first day they sign up. In particular, young users often want to conduct their socializing out of eyesight and earshot of adults, especially parents, teachers, and other authority figures. This means that a typical younger user has both more reasons to leave a platform as well as fewer reasons to stay there.

Younger people have an additional reason to bail on platforms early and often: if your online and offline social circles strongly overlap – if you see the same people at school as you do in your feed, it's much easier to reassemble your (smaller, less complex) social circle on a new platform.

And so: on average, young people like platforms less, hate them more, and have both less to lose and more to gain by leaving one platform for another. Sure, some young people are also burning with youth's neophilia. But even without that neophilia, young people are among the first to go when tech bosses start to ratchet up the enshittification.

sustainable.

enshittification: the graph