Enshittification, also called chokepoint capitalism, is a term coined by Corey Doctorow (sp?) that lays out a common pattern with platforms in a capitalist system where:
- Platform builds a product to entice users to it for little to no cost to the user (Google search, Facebook, Amazon shopping, etc)
- Once users are locked in, make the experience worse in ways that increase profits for business partners (Google ads partners, etc)
- Once business partners are locked in, screw them over to rake back as many profits for the platform owner.