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Originally Posted by PsYcNeT
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Came across this essay today by Toronto-based writer Cory Doctorow which I thought was a good expansion (and touches on some of the same ideas) on the concepts of what's going on with Big Social right now.
https://pluralistic.net/2023/01/21/p...n-ai/#hey-guys
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Tiktok's en####tification
Here is how platforms die: first, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die.
I call this en####tification, and it is a seemingly inevitable consequence arising from the combination of the ease of changing how a platform allocates value, combined with the nature of a "two sided market," where a platform sits between buyers and sellers, hold each hostage to the other, raking off an ever-larger share of the value that passes between them.
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