They’ve proved they don’t have their users best interests at heart.
This is true for any for-profit business. They exist strictly to make profit for the shareholders. In fact, the executives can be held legally responsible should they not act in the best interests of the shareholders. By their very nature, no for-profit organizations will EVER have the users best interests at heart.
That’s why all enshittification usually starts because of publicy-traded companies, or companies trying to go there. We’re mostly here because Reddit wanted to go public.
This is true for any for-profit business. They exist strictly to make profit for the shareholders. In fact, the executives can be held legally responsible should they not act in the best interests of the shareholders. By their very nature, no for-profit organizations will EVER have the users best interests at heart.
Not true for “any for-profit business”, but true for “any publicly-traded company”.
Private corporations are beholden only to the laws of the land.
That’s why all enshittification usually starts because of publicy-traded companies, or companies trying to go there. We’re mostly here because Reddit wanted to go public.
Right so don’t give these companies free reign on your data.
free *rein (like not holding the reins on a horse, not like a king reigns)