That is the cycle of enshittification: give things away free at first, find ways to get indirect revenue from that by selling your users once the network effects kick in, and then in the end, raid the whole company for the primary shareholders.
It’s a new economic model peculiar to late stage capitalism, and it’s like an engine that drives loligarchy. Chucklefuck rich white boys who don’t realize a little learning is the most dangerous thing of all.
What caused the failure was everyone thinking everything should be free
That is the cycle of enshittification: give things away free at first, find ways to get indirect revenue from that by selling your users once the network effects kick in, and then in the end, raid the whole company for the primary shareholders.
It’s a new economic model peculiar to late stage capitalism, and it’s like an engine that drives loligarchy. Chucklefuck rich white boys who don’t realize a little learning is the most dangerous thing of all.