*Today, we live in the ****enshittification end-times****, red of tooth and claw, where media companies' revenues are dwindling and advertisers' costs are soaring, and the tech giants are raking in hundreds of billions, firing hundreds of thousands of workers, and pissing away tens of billions on stock buybacks.*

from @pluralistic (always worth a read; note, emphasis in quote above is mine)

https://pluralistic.net/2023/04/08/late-stage-sea-monkeys/#jeremys-razors

#Google #Facebook #Twitter #socialmedia #advertising #fediverse #marketing

Pluralistic: Everything advertised on social media is overpriced junk (08 Apr 2023) – Pluralistic: Daily links from Cory Doctorow

@Coolmccool @pluralistic I believe shittification applies not just to software and paid services, but is official UK government policy with regard to anything that was previously threatening to be good. The underlying political ideology has been called shittificationism since the first draft of _1984_.

Have either of you read Pohl & Kornbluth _The Space Merchants_? _The Merchant's War_ features a hilarious utopia where all advertising is banned.

The Enshittification Event Horizon is nigh.