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Peloton is adding a $95 activation fee for secondhand machines
(www.theverge.com)
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this post was submitted on 22 Aug 2024
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Enshittification
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What is enshittification?
The phenomenon of online platforms gradually degrading the quality of their services, often by promoting advertisements and sponsored content, in order to increase profits. (Cory Doctorow, 2022, extracted from Wikitionary) source
The lifecycle of Big Internet
We discuss how predatory big tech platforms live and die by luring people in and then decaying for profit.
Embrace, extend and extinguish
We also discuss how naturally open technologies like the Fediverse can be susceptible to corporate takeovers, rugpulls and subsequent enshittification.
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While I’ve seen some say that it’s a mechanism to stop scalpers from buying up the things and reselling at a huge margin, I’ve also seen what Tesla’s owner is capable of doing.
Speaking of owner's and their capabilities; Whistling Diesel is not my favorite guy, but he did a number on the Cybertruck.