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Do you think logos will ever be interesting again?
(thelemmy.club)
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
We discuss how predatory big tech platforms live and die by luring people in and then decaying for profit.
We also discuss how naturally open technologies like the Fediverse can be susceptible to corporate takeovers, rugpulls and subsequent enshittification.
They're risk averse because the whole game is "get overpaid to run the business, then hire overpaid consultants to tell you how to run the business", because (and this is my own insane thought) they're trying to recreate a class of hereditary nobility which consists of those who lead because they are rich, and qualifications do not matter. It's not just logos, it's everything about such enterprises. These parasites are robbing both shareholders and workers. This is why the only two industries left in America are fraud and gambling.
That class already exists, it never stopped existing, they just stopped calling themselves monarchs (except for some that still call themselves that.)