cilantrillo@lemmy.world to Asklemmy@lemmy.mlEnglish · 1 year agoWhy do so many tech companies, like Reddit and Twitter are making their platforms worse for their users all of a sudden?message-squaremessage-square100fedilinkarrow-up1100arrow-down12
arrow-up198arrow-down1message-squareWhy do so many tech companies, like Reddit and Twitter are making their platforms worse for their users all of a sudden?cilantrillo@lemmy.world to Asklemmy@lemmy.mlEnglish · 1 year agomessage-square100fedilink
minus-squareSploosh the Water@vlemmy.netlinkfedilinkEnglisharrow-up15arrow-down2·1 year agoCapitalism. The incentive for any large, profit-motivated firm will always be to get the most people to pay as much as possible for as little as possible.
minus-squarexavier666@lemm.eelinkfedilinkEnglisharrow-up17arrow-down1·edit-21 year ago Startup releases nice product Product is cheap or free Startup gains huge customer base while burning through money Investors are interested When initial money runs out, startup either asks for VC money or goes public Now investors want more growth Product goes through enshitification to extract more money out of customers Product loses customers as it loses its original charm A tale as old as time
Capitalism. The incentive for any large, profit-motivated firm will always be to get the most people to pay as much as possible for as little as possible.
A tale as old as time