The real cost of enshittification is that they make it impossible for others to run honest business.
Who will pay a subscription for privacy respecting services when there are a dozen free alternatives. True cost of running online business has been completely hidden from users and for so long that they will never accept those that want to cover the costs upfront.
hperrin@lemmy.world 1 year ago
Fearing enshittification is one reason I want to keep my company private. If I have to answer to stockholders, then I’m not answering to customers, and that’s shitty.
HootinNHollerin@sh.itjust.works 1 year ago
100%. I never wanna work for public company again. I left a huge one for small private ones then yr ago employer went public. Been so downhill so fast. I’m leaving when I find a private fit.
Sleestak_Chaka@lemm.ee 1 year ago
I’ve always worked for smaller private companies because my partner always got screwed working at bigger corporations.
Corgana@startrek.website 1 year ago
I get it. His most recent post talks about how enshittification isn’t just limited to digital platforms, it’s inevitable whenever monopolies are allowed to form.
hiddengoat@kbin.social 1 year ago
Well good news... you don't have to fucking answer to stockholders. That's a fucking lie perpetrated by Harvard Business sociopaths and their bootlicking bitchboys.
All you have to do is what's in the best interest of the business. If someone doesn't like it they can sell the fucking stock.
Shiggles@sh.itjust.works 1 year ago
“The best interest of the business” is far too lenient in its wording. Some of the shareholder derivative lawsuits out there are fucking wild.
Simple things such as “paying your workers too much”, “acting with too much emphasis on morality over capital gains”, it all does have to come back to shareholder profits, ever since Dodge Vs. Ford.
grue@lemmy.world 1 year ago
It’s the cargo-cult interpretation of Dodge v. Ford Motor Co.
agentsquirrel@sh.itjust.works 1 year ago
Avoid private equity as well. PE is equally shitty.
wewbull@iusearchlinux.fyi 1 year ago
I’ve noted over the past few years, how any company that invests in R&D rather than pays dividends is labelled as “loss making” by the press.