panoptic

Interest rates were basically zero for a decade, then they spiked this year with every indication that they aren’t going back to zero anytime soon.

This is radically shifting the approach for many tech companies.

Not saying I like it, just saying it’s why rapid enshittification is happening

Yeah, the big spike in interest rates is causing all the big tech players to make the pivot to enshittified profitability fast enough that it’s way more visible than usual.

The big jump in interest rates is forcing all of big tech to pivot pretty hard.

On some level I think you’re both right - this is roughly the problem that happened with email and spam.

At one point it was trivial to run your own Mailserver, this got harder and harder as issues with spam got worse. Places started black holing servers they didn’t know and trust, this drove ever more centralization and a need for server level monitoring/moderation because a few bad actors could get a whole server blocked.

We can know that bad actors will exist, both at the user and at the server level. We can also know that this has a history of driving centralization. All of this should be kept in mind as the community discusses and designs moderation tools.

Ideally, I hope we can settle on systems and norms that allow small leaf nodes to exist and interconnect while also keeping out bad actors.

same