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.
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.