technocrit@lemmy.dbzer0.com to

Enshittification@lemmy.world · 2 months ago

Meta is developing a prediction market app called ‘Arena’ as [gambling] sector booms

www.coindesk.com

109

Meta is developing a prediction market app called ‘Arena’ as [gambling] sector booms

www.coindesk.com

technocrit@lemmy.dbzer0.com to

Enshittification@lemmy.world · 2 months ago

Vercel Security Checkpoint

www.coindesk.com

Under capitalism the endpoint of every app is a slot machine.

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2 months ago
So on brand for Zuck

Enshittification@lemmy.world

enshittification@lemmy.world

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What is enshittification?

The phenomenon of online platforms gradually degrading the quality of their services, often by promoting advertisements and sponsored content, in order to increase profits. (Cory Doctorow, 2022, extracted from Wikitionary) source

The lifecycle of Big Internet

We discuss how predatory big tech platforms live and die by luring people in and then decaying for profit.

Embrace, extend and extinguish

We also discuss how naturally open technologies like the Fediverse can be susceptible to corporate takeovers, rugpulls and subsequent enshittification.

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