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Why is Lemmy obsessed with the word "enshittification"? (sopuli.xyz)

submitted 6 months ago by [email protected] to c/[email protected]

132 comments fedilink hide all child comments

I see it referenced constantly here, not quite as much on Reddit. I know what it means, but just wondering why such the popularity over on this side of the fence?

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[–] [email protected] 3 points 6 months ago (1 children)

Exactly. Whatever product or service a business provides, once it goes public, the primary goal becomes profit--everything else is secondary and subject to removal if it promotes the primary objective. Shareholders don't care about the long-term viability of the business--once it peaks, they'll sell and move on. Basically a financial swarm of locusts.

[–] [email protected] 3 points 6 months ago

Basically a financial swarm of locusts.

Egads. Perfect anology. I'm going to steal that one. Thank you!