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 11 months 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 11 months 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 11 months ago
I’ve always worked for smaller private companies because my partner always got screwed working at bigger corporations.
Corgana@startrek.website 11 months 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 11 months 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 11 months 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 11 months ago
It’s the cargo-cult interpretation of Dodge v. Ford Motor Co.
agentsquirrel@sh.itjust.works 11 months ago
Avoid private equity as well. PE is equally shitty.
wewbull@iusearchlinux.fyi 11 months 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.