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https://twitter.com/TwitterSupport/status/1682501248334061572
Putting a name on a century-old concept isn’t the worst idea because now we can easily refer to it when it happens once again. And yes, the old age of that problem is why I consider it a bit of a rabit-hole. It’s not just something Twitter does now or that tech companies do now because they copy from each other. It’s a quite old concept you’ll hear about again and again and can read up on quite a bit, if you really are interested into more than the basic concept or why companies keep trying even though the outcome does not always see positive (from an outside, users perspective).
It already has a name. That’s my point.
It’s not “happening once again,” it has been happening constantly for a century. It’s just another form of rent seeking. People like yourself are so focused on tech that you can’t put it together and realize that this is something that happens everywhere in capitalism. Giving it different names due to slight variations, or depending on which market, makes it impossible to do anything about on a large scale because it keeps people fractured in their understanding of what is happening.
I’m glad a bunch of people are finally starting to grasp rent seeking, but it’s important that people realize that this is a long tradition that has been “enshittifying” their entire lives (and their parents’, and grandparents’, and great-great-… you get it).
As long as people believe that what they’re experience is a unique type of problem, and other industries don’t have that specific problem so therefore they have their own separate battles to fight, then nothing will ever change.
