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I’m a little bit confused by your post. Publicly-traded companies, by and large, place extraordinary emphasis on short term, quarter by quarter profit. Seems like a very strong contender for the root cause if the issue?
Enshitification is about monetization, getting more money from the same customer base.
Doesn’t this statement support publicly traded status being a riot cause, though?
I must assume I’m misunderstanding your argument…?
I’ve always figured a company will go public before enshitification truly gets underway. It’s kinda the first step of the process.
I guess my argument is that until that pressure to appease the stockholders exists, there’s not a whole lot of motive to justify enshitification. It’s hard for me to imagine the process happening any other way.
So, I suppose you can count my vote as being that going public will likely come first. Just my two cents, though, and I don’t know anything anyway! :-p