Enshitification is so very real, but it's funny seeing how people are now clearly perceiving it but not able to properly explain the cause.

It's a combination of popular appeal past a certain point (users), teams growing beyond a certain point (creators), the influx of people into areas for completely self-interested reasons (creators not naturally selected based on passion), and the effect of commerce demanding constant growth and with it, increasing risk aversion over time. A super combo.