#MastodonMedia Jan 24, 2023

@mmasnick expands on @pluralistic 's thought provoking treatise 'Tiktok's enshittification', laying blame on the imperative for maximizing near term shareholder value.

Techdirt: How The Friedman Doctrine Leads To The Enshittification Of All Things >>> https://www.techdirt.com/2023/01/24/how-the-friedman-doctrine-leads-to-the-enshittification-of-all-things/

"maximizing revenue in the short term... often means sacrificing long term sustainability and long term profits."

(Tiktok's enshittification >>> https://pluralistic.net/2023/01/21/potemkin-ai/)

#twittermigration

How The Friedman Doctrine Leads To The Enshittification Of All Things

We recently wrote about Cory Doctorow’s great article on how the “enshittification” of social media (mainly Facebook and Twitter) was helping to lower the “switching costs&#…

Techdirt