Those of us old enough to remember BBS servers or even rainbow banners often go down the nostalgia hole about how the internet was better “back in the day” than it is now as a handful o…
It was a term coined to describe the step-by-step process modern tech platforms go through:
be good, get customers, grow
get large enough to corner market, concentrate on profits
get large enough to move to politicise their approach, drive out competition through aggressive tactics, and lock in consumers
drive more profit through dark patterns and ensure nobody wins but the stakeholders
It’s specifically that, and there wasn’t a word that described that process previously, as it’s only something that’s possible in a modern, “web scale” worldwide platform.
It was a term coined to describe the step-by-step process modern tech platforms go through:
It’s specifically that, and there wasn’t a word that described that process previously, as it’s only something that’s possible in a modern, “web scale” worldwide platform.
Maybe I’m just thinking the crudeness of the term is downplaying the seriousness somewhat.
I’ll award virtual internet points that you can redeem for absolutely nothing to anyone who can come up with a better term.
Maybe you could call it recoupment but it doesn’t have quite the same ring. It’s not quite the same thing, either.
You could also talk about coercive monopolies but that doesn’t mean exactly the same thing.