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  • dismalnow@kbin.social
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    1 year ago

    Bingo. Enshittification is mostly confined to companies that have gone public or whose sole aspiration is to do so quickly.

    It shifts responsibility from satisfying customers/users to satisfying shareholders (who are never satisfied).

    You can build the perfect product and ride a gravy train as a private company in perpetuity. As a corporation, you’re just going to strive for perpetually increasing profits on a quarterly basis with no real loans for the future.