Enshitification drives stock prices. Only the rich care about stock prices and they have no interest in using the platform. The platform dies off a death of a thousand cuts… story as old as time

[–] lord_ryvan@ttrpg.network 8 points 2 days ago (2 children)

I think it's more stock prices / shareholders drive enshittification

[–] Robust_Mirror@aussie.zone 4 points 2 days ago

Sure but why would they drive it unless it drove stock prices.

[–] Rolive@discuss.tchncs.de 3 points 2 days ago (2 children)

I still don't understand it, how does making a product worse drive stock prices?

[–] formulaBonk@lemm.ee 8 points 2 days ago

Because they make the product worse to gate working features behind a paywall without spending development time and money. It’s the opposite of innovation, it’s going backwards. The parasite class (investors) reward that behavior with more investment because now the company has increased profits by selling the working used-to-be-free features at a premium. They couple that with buybacks and layoffs to juice the stock price … and then discard the husk of a company and start a new one

[–] Objection@lemmy.ml 4 points 2 days ago

It means they can make people see more ads.

[–] SidewaysHighways@lemmy.world 14 points 3 days ago

damn good indeed! plus with a proper app for mastodon and pixelfed we've got it all!

[–] MITM0@lemmy.world 2 points 2 days ago

There are other lemmy-like sites as well BTW

[–] crusa187@lemmy.ml 5 points 3 days ago (1 children)

Here here!

[–] ksigley@lemm.ee 3 points 2 days ago (1 children)

Hear, hear!*

Common mistake. The expression means 'to listen to this person'.

[–] crusa187@lemmy.ml 3 points 2 days ago

Just a silly play on words because we’re “here”, ya hear?!