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points by fsflover 1 day ago | 0 comments
> And then came the greedy grifters. They invested money not just to get returns (they could've gotten returns on any other established field of business), but to gamble for a chance of crazy high returns. They thought software has near-zero marginal cost. They started building walled gardens, to extract rent from users. Build insane profits on that near-zero initial cost.

It looks like you are talking about enshittification: https://pluralistic.net/2024/08/17/hack-the-planet/. There are strong NGOs fighting for the user rights like https://eff.org and https://edri.org.

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