Live data from Hacker News

Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

podtail.com

191–200 of 280 posts

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#191

Earlier quoted context omitted.

Just don't understand how one could be convinced these days of the fundamental conceit that even a properly profitable company is necessarily going to provide good things for people downstream, or for society in general. What is the argument for that in general again? Because to me, if your not Twitter, your Wal Mart or Raytheon or BoA. If your not shittifying a platform you are pushing out small businesses from ever…

>What is the argument for that in general again? Free-market types used to have some assumptions about how free markets are expected to work, then they would derive the result that a free market yields a net benefit to society from those assumptions. Now it is glaringly obvious that a free market can cause a net loss to society, but they still need to believe free markets are good. So they ignore the evidence, and in…

Isn’t the whole argument in this thread that the government meddled in the economy by printing tons of money that then was used for questionable investments? How is that “free market”?

IME 80% of criticisms of “free market” is actually a criticism of government policy (and then the same critics think that more of those policies are called for!)

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#192

Earlier quoted context omitted.

>advertising and marketing industry Which today is primarily Google, Amazon, Meta, and yes, even Apple (0) (0) https://gizmodo.com/apple-iphone-privacy-analytics-class-act...

> […] and yes, even Apple I was under the impression that Apple makes most of its money from margins on hardware sales, with services a growing percentage (Apple TV, App Store). The "advertising and marketing" that is involved with Apple is them spending money on it so people know about what they sell, and not so much Apple taking in advertising and marketing money (which Google and Meta do).

Part of their advertising IS their hardware. It's definitely good, but it's almost mostly fashion.

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#193

Enshittification is a (very good) name for when you start off with naturally non-scarce information resource, and later impose artificial scarcity on it in order to make the moneys. It's like building a theme park, and only later adding walls and a turnstyle that checks for tickets. Of course people are going to hate you for doing that.

The analogy is good but I don’t think the name is very apt. It seems that we are just increasing the price of something not making the quality worse. Often that leads to higher quality—why do people prefer Disneyland to cheaper parks?

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#194

Earlier quoted context omitted.

Just don't understand how one could be convinced these days of the fundamental conceit that even a properly profitable company is necessarily going to provide good things for people downstream, or for society in general. What is the argument for that in general again? Because to me, if your not Twitter, your Wal Mart or Raytheon or BoA. If your not shittifying a platform you are pushing out small businesses from ever…

> Just don't understand how one could be convinced these days of the fundamental conceit that even a properly profitable company is necessarily going to provide good things for people downstream, or for society in general. if one has worked in a number of business it should become fairly obvious that good products and good revenue are orthogonal phenomena (sometimes they align of course) > What is the argument for th…

Let's remember that Adam Smith was against the idea of the joint stock company, a company where the shareholders and managers are different people.

He thought that smaller, owner operated businesses would outcompete joint stock companies, primarily because the incentives between owners and managers were aligned.

Managers managing other people's money will make worse decisions over the long term than managers managing their own money.

That was his theory back in 1776, things didn't turn out that way obviously.

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#195
post #63
post #51

The need to have a for profit platform leads to perverse incentives. This seems to be universally true, and when it becomes apparent that advertising doesn't work and isn't profitable, dark patterns are the best that you can hope for. Short of a company having the internal need for a generally useful distributed communications platform, as well as a willingness to release it relatively freely, I struggle to see how t…

> The need to have a for profit platform leads to perverse incentives. Only because, despite their immense importance, those platforms are essentially unregulated. Imagine water suppliers were unregulated. There would also be "perverse incentives", such as doctors paying them to add poison to the water so they get more patients and can make more money. But nothing like that ever happens, because there are rules such…

I find it weird that you think “regulation” is needed to stop people from committing crimes. That’s already illegal! Anyway your example is silly because no one would buy water from a producer that poisons it. The potential profit to doctors is low as well. At least you could have chosen something more realistic.

Water being regulated is probably the biggest cause of shortages in the US West. Prices are set too low (especially for certain buyers) and it causes overconsumption. It’s a classic tragedy of the commons that public management has failed to resolve.

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#196

Earlier quoted context omitted.

I'm still amazed they went with the $8-for-attention model. Everyone _already knows_ this doesn't work well; the dating site industry has been trying to make it work for literally decades. It's also kind of a Pandora's box; even if they removed the attention boost, the taint is already there, and people will be suspicious of bluetick replies forever.

They get also other features like longer tweets and editing.

Those are not benefits. Giving the blue checks the opportunity for a longer, even colder take that readers must click through to read is doing them no favors.

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#197

Earlier quoted context omitted.

I think you've missed the point of the parent comment. The point is that the entire model only exists in symbiosis with what you call "enshitification enforcers". There is no mass market social media without the "evil cabal... of the advertising and marketing industry". There is no other model that can pay the bills for a site with hundreds of millions of active users posting their own content with mostly no restrain…

I expect that if federated social media takes off, nobody (among the mass market) will know that it's federated, just like email. It'll just be, like you say, a couple of big sites that happen to enable people to communicate with people on other sites (and also a handful of wizards who self-host). I think the killer feature of federation in general (particularly in the context of social media) is that it decouples us…

I agree that this is what it will look like if it takes off. But then those "couple of big sites" will have all the same incentives / problems as the current mass market sites, and will themselves be enshittified eventually. The model needs to somehow result in distributing the user load and thus the costs across many hosts such that it is a bearable cost for each individual host without requiring any deep pocketed support. But you and I are in agreement that that doesn't seem like the likely outcome.

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#198
post #53
post #49

Earlier quoted context omitted.

Is this a product of the way modern MBAs are taught? Seems to be a standard playbook of building reputation, scaling and then aggressive optimisation and cost cutting.

That's what Doctorow literally says in the podcast: > Facebook was going to be the social media service that never spied on you back in 2006. And once people were locked in, it, you know, did the Darth Vader MBA thing.

I’ve used Facebook practically since it launched and I don’t recall “not spying” ever being something that was a part of it. If anything the opposite—everyone thought it was creepy the level of personal details it revealed to others (but used it anyway).

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#199

Earlier quoted context omitted.

I think you've missed the point of the parent comment. The point is that the entire model only exists in symbiosis with what you call "enshitification enforcers". There is no mass market social media without the "evil cabal... of the advertising and marketing industry". There is no other model that can pay the bills for a site with hundreds of millions of active users posting their own content with mostly no restrain…

"There is no other model that can pay the bills for a site with hundreds of millions of active users posting their own content with mostly no restraint." The government can. These companies could be nationalized, or the government could make their own competing sites if they were interested in doing so. But they're just not. It takes more than just the means. It takes a will to do it.

The government can afford to do this. In every single other way, this is a terrible idea.

Re: Cory Doctorow: Platform Capitalism and the Curse of “Enshittification” [audio]

#200

Earlier quoted context omitted.

> Just don't understand how one could be convinced these days of the fundamental conceit that even a properly profitable company is necessarily going to provide good things for people downstream, or for society in general. if one has worked in a number of business it should become fairly obvious that good products and good revenue are orthogonal phenomena (sometimes they align of course) > What is the argument for th…

Let's remember that Adam Smith was against the idea of the joint stock company, a company where the shareholders and managers are different people. He thought that smaller, owner operated businesses would outcompete joint stock companies, primarily because the incentives between owners and managers were aligned. Managers managing other people's money will make worse decisions over the long term than managers managing…

  > That was his theory back in 1776, things didn't turn out that way obviously
well, i guess its because join-stock companies were able to raise more capital faster?
Post reply on HN