• Voyager@psychedelia.ink
    link
    fedilink
    English
    arrow-up
    2
    ·
    edit-2
    1 year ago

    Is reddit owned and operated by a malicious entity? I used to be addicted to that platform, but now I can’t stand it.

    • zero_gravitas@aussie.zone
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 year ago

      Here is how platforms die: first, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die.

      I call this enshittification, and it is a seemingly inevitable consequence arising from the combination of the ease of changing how a platform allocates value, combined with the nature of a “two sided market,” where a platform sits between buyers and sellers, holding each hostage to the other, raking off an ever-larger share of the value that passes between them.

      From https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys