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This week on my #podcast, I read #Twiddler, a recent @Medium column in which I delve more deeply into #enshittification, and how it is a pathology of digital platforms, distinct from the rent-seeking of the analog world that preceded it:
doctorow.medium.com/twiddler-1b5c9… 1/
doctorow.medium.com/twiddler-1b5c9… 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2023/02/27/kno… 2/
pluralistic.net/2023/02/27/kno… 2/
Enshittification, you'll recall, is the lifecycle of the online platform: first, the platform allocates #surpluses to end-users; then, once users are locked in, those surpluses are taken away and given to business-customers. 3/
In the #enshittification cycle, a #platform lures users with a good deal at first, then it lures business customers (advertisers, sellers, creators) by handing them the #surplus; finally, it takes all the surplus for itself, creating a pile of shit:
pluralistic.net/2023/01/21/pot… 1/
pluralistic.net/2023/01/21/pot… 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2023/01/27/ens… 2/
pluralistic.net/2023/01/27/ens… 2/
When a company is neither disciplined by #competition nor by #regulation, enshittification inevitably ensues. 3/
The #Global #Financial #Crisis of 2007/08 taught the policy making world that something special beyond #Conventional #MonetaryPolicy was necessary to lift economies out of the economic malaise...tinkering with the key rates was not enough anymore...
To this end, #centralbanks in the developed world (The US, UK, Japan, The EuroArea) adopted what they termed #UnconventionalMonetaryPolicy #UMP which is characterised by #ForwardGuidance #NegativeInterestRatePolicy & #QuantitativeEasing...but, have they helped?
Dear #ISP and #internet & #tech companies.
Now that the #netneutrality vote has happened, here are my rules as a #consumer and #Customer that I will use to decide who gets my dollar bills.
(thread)
Now that the #netneutrality vote has happened, here are my rules as a #consumer and #Customer that I will use to decide who gets my dollar bills.
(thread)
1>$ I will be subscribing to the services and providers who voluntarily maintain the closest model of #netneutrality.
If @Comcast starts charging for prioritized services, I will not only opt for the cheapest and most basic plan possible...
If @Comcast starts charging for prioritized services, I will not only opt for the cheapest and most basic plan possible...
