this post was submitted on 03 Jun 2024
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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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[–] [email protected] 4 points 5 months ago* (last edited 5 months ago)

I fell victim by clicking on the first result from google search which was a sponsored ad that was a phishing fake website that caused me to lose all my money at the time. I still wish I could sue them for it to this day. I have all evidence for it too.

To this day btw, google still sponsors and shows scam and phishing websites as first link.