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Meta is developing a prediction market app called ‘Arena’ as [gambling] sector booms
(www.coindesk.com)
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
We discuss how predatory big tech platforms live and die by luring people in and then decaying for profit.
We also discuss how naturally open technologies like the Fediverse can be susceptible to corporate takeovers, rugpulls and subsequent enshittification.
Next up, porn called Micro Meta
I genuinely wouldn't be surprised if Meta bought a major porn site
Why buy when you can just steal?